Financial management and reporting
Supporting NHS finance staff with the preparation and audit of the annual report and accounts, mid-year financial reporting and year-end forecasting.
Policy and guidance
This paper is intended to update HFMA members on developments in financial reporting that may affect them as finance professionals working in the NHS.
Charity regulation is varied and complex - this briefing highlights key announcements that might affect NHS charities throughout the UK.
This round-up is a brief update on the issues discussed at the HFMA’s VAT sub-committee. We aim to publish it after each VAT sub-committee meeting.
A comprehensive guide of how the NHS finance regime works, as well as the wider landscape in which it operates.
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.
The map brings together the key guidance and models to support effective corporate governance within the NHS.
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.
Our detailed directory of all the resources the HFMA has on offer.
NHS charities' beneficiaries are patients. This means that spending charitable funds on NHS staff needs careful consideration by trustees.
This round-up is an update on the key issues discussed at the HFMA’s VAT sub-committee. We aim to publish this in the month after each meeting.
Dealing with the over collection of taxes after the compliance checks.
The enclosed guidance sets out the criteria for buildings that qualify for the reduced VAT rate.
News and analysis
NHS capital budgets will need to increase by £6.4bn a year to clear the service’s backlog maintenance and improve productivity.
The government’s new hospital programme faced further criticism this week when MPs said they had no confidence it would deliver the promised hospitals
Four chief finance officers make up this year’s shortlist for the HFMA Finance Director of the Year Award in the 2023 HFMA awards.
Report calls for a mental health investment standard specifically for capital.
NHS doctors across England will receive a minimum of a 6% pay rise from this month.
Prevention activities should be seen as essential services that can help meet the immediate pressures facing the NHS.
Robust, comparable costing data is not just a nice-to-have, but vital for short-term recovery and the long-term sustainability of services.
Is the NHS doing enough on primary and secondary prevention? Should the NHS be more open about fraud? And how can the NHS meet net zero commitments?
IFRS 17 Insurance contracts will be applicable in the public sector from 1 April 2025.
Junior doctors and consultants will jointly take four days of strike action starting in September in a continued campaign for an improved pay deal.
Events
This conference sought to update all those involved with the finance and governance of NHS charities with any changes to practices and procedures.
This forum brought together DoFs, CFOs and deputies to attend, with national updates, topical issues and sharing best practice.
This event was for those that would benefit from an overview of costing in the NHS or those new to costing.
This two day conference assisted all those involved in the planning and delivery of the annual accounts process for the year 2022/23.
A delegate-led day tackling specific technical costing challenges and discussing some of the practicalities of implementing the costing standards.
This item was migrated from HFMA's previous website.
The essential overview that's targeted at Bands 2-6 staff in NHS Finance, or those working elsewhere in the NHS that wish to gain an overview.
This event is for senior NHS finance and healthcare professionals and will provide delegates with the know-how to begin applying value in practice.
Topics incluced system assurance, feedback of the sustainability audit, an overview of ISA 315 and 240, and the findings from the 2021/22 DHSC audit
The annual costing conference provided the NHS with the latest developments and guidance in NHS costing.
Discussion of technical challenges and skill-based competencies in a delegate led and discussion based environment.
This event sought to support finance functions across the four nations to improve financial sustainability.
This webinar explores how allocative value can identify the most effective ways for ICSs to use their resources.
This event was for those that would benefit from an overview of costing in the NHS or those new to costing.
The symposium attracts senior decision-makers interested in making value-based healthcare a reality, and welcomes international delegates.
In this first round-table webinar we will shed light on the critical issues facing the healthcare sector
This event intended to keep those involved with the finance and governance of NHS charities up to date with any changes to practices and procedures.
From 1 April 2023, PFI liabilities will need to be measured (and re-measured) under IFRS 16.
This one-day event brought together professionals from finance & technology sectors to explore the transformative power of Artificial Intelligence.
This event focused primarily on the use of costing information and the importance of working with others to turn data into business intelligence.