Briefing / 2019/20 year-end reminders for non-executive directors and lay members

Non-executive directors and lay members review and approve the annual report and accounts. They can bring their wider knowledge of the NHS body to this process but also need to be aware of the specific accounting issues that many NHS bodies are facing. For 2019/20 these include IFRS 16 leases, accounting for pension contributions, IFRS 9 and 15, valuation of non-current assets and submission and sign off the annual report and accounts.