A practical guide to valuing private placements and other university debt instruments at year end, including market inputs, credit spreads and audit-ready evidence.

20 Jul 2026Technical

What Could CIPFA’s Proposed Prudential Code Changes Mean for Local Authorities?

CIPFA’s latest consultation signals a fundamental shift in the prudential framework, placing the liability benchmark at the centre of how local authorities assess borrowing needs, affordability and longer-term treasury strategy. Although the revised Codes are not expected to apply until 2027/28, authorities should begin preparing now for more integrated forecasting, enhanced group-risk reporting and significant changes to prudential indicators, governance and reporting arrangements.

23 Jun 2026Technical

Are Spreadsheets Really the Problem, Or Is It How We Use Them?

Despite their reputation, spreadsheets remain one of finance's most flexible and transparent tools when used with appropriate controls and governance. In many cases, they can be more adaptable, auditable and sustainable than bespoke systems.