Accounting and Standards Committee
Promoting high standards in accounting and financial reporting within the NHS.
The Committee has an active work programme and supports the publication of best practice guidance for members in the areas of financial accounting and accounting standards. It also develops the annual HFMA Pre accounts planning conferences which are a key date in the HFMA calendar.
Membership is drawn from all sectors of the NHS and includes representatives from the Department of Health and Social Care, NHS England, the Scottish Government, the Welsh Government, and the National Audit Office.
Meetings are held four times a year.
Meeting summary documents
The Accounting and Standards Committee met for their 2nd meeting of the year.
The Accounting and Standards Committee met virtually for their first meeting of the year.
The Accounting and Standards Committee met for their final meeting of the year.
NHS bodies will be required to apply IFRS 17 from 1 April 2025. So, they will need to assure themselves that they have identified all such contracts.
In July and August 2023, the HFMA surveyed its members about the year-end process to see whether there were any lessons that could be learned.
This meeting took place Tuesday 24 November over Teams.
Featured events
This event is for senior NHS finance and healthcare professionals and will provide delegates with the know-how to begin applying value in practice.
The Introduction to NHS Finance event is designed to give a basic grasp of how the NHS works and how it’s financed
This webinar will set out the work the NAO undertook, the conclusions it reached and what these mean for the NHS.