CV for Trainers Included in Financial Management Category - CIPFA

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10 Νοε 2013 (πριν από 3 χρόνια και 1 μήνα)

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Consultancy Contract
-

Implementation of International Financial
Reporting Standards in local authorities (IFRS)


April 2009


March 2011


In 2007, the then Chancellor of the Exchequer specified that all public bodies
should convert to new global acco
untancy standards (IFRS).


These new complex rules required fundamental change for public bodies, placing
a significant technical challenge upon finance staff during a period of fiscal
restraint..


This specific project, which was the single biggest public

sector IFRS consultancy
project in Scotland required CIPFA and a partner body to assist 27 large local
government bodies in Scotland with the implementation of new complex global
accountancy standards.




Initial meetings with senior Directors of Finance of

Scottish local authorities to
establish progress to date and identify future key work areas.



tailored impact assessment study for each client including a full report and
action plan



identification of key work areas to be addressed



planning for key work a
reas and project management timetabling



provision of complex completion templates for prior year figure restatement,
adjustments and lease assessments



on
-
site participation in client progress meetings



question and challenge of progress achieved, with worki
ng papers being
reviewed for assurance and evidence purposes



on
-
site advice and assistance as required



review of initial restated international reporting based figures



training over the course of the project for key staff to ensure knowledge
transfer



repo
rting, both formally and informally, to senior management in each client
on progress



The project was carefully designed to ensure that these new high
-
profile rules
were implemented successfully and were accompanied by knowledge transfer to
key finance st
aff.


Success was evidenced by formal positive comment from the standard setting
body in Scotland which congratulated local authorities on successful
implementation.


The tools and materials designed developed were considered and commended by
a CIPFA award
s panel which awarded an annual prize for technical innovation.