Financial reporting watching brief 2020/21 and beyond (October 2020 update)

Debbie Paterson

01 October 2020


The October 2020 briefing identifies the key changes for 2020/21 and beyond which may affect NHS bodies’ annual report and accounts. This briefing highlights the most recent guidance on the preparation of the 2020/21 annual report and accounts, the application of IFRS 16, the amended financial reporting standards and recent changes to NHS specific guidance.  

This briefing covers changes and developments in accounting standards, best practice in financial reporting and government reporting requirements.  It covers the current financial year but also looks ahead to identify changes which will affect the NHS in the future.  The briefing is produced for each accounting and standards committee meeting and is updated four times a year.


Financial reporting watching brief 2020/21 and beyond (October 2020 update)

October 2020 (PDF 397KB)

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