All your questions on the latest accounting standards and NHS reporting requirements will be answered in this online workshop.
The agenda and papers for the Accounting and Standards Committee meeting on 12/09/24.
89 NHS bodies and auditors provided feedback on preparing and finalising the annual report and accounts 2023/24 - lessons learned and future issues.
Key changes include inclusion of the next stage of climate-related disclosures and reference to recently adopted accounting standards
This paper is intended to update HFMA members on developments in financial reporting that may affect them as finance professionals working in the NHS.
The Accounting and Standards Committee met for their second meeting of the year.
The agenda and papers for the Accounting and Standards Committee meeting on 29/05/24.
IFRS 19 allows eligible subsidiaries to use IFRS accounting standards with reduced disclosures. This is intended to reduce costs of preparing accounts, while maintaining their usefulness.
The new standard is effective from 2027 and is intended to standardise the presentation of profit.
This briefing provides members with key year-end reminders for the 2023/24 annual report and accounts.