Insights

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570 insights found

PWLB Reduced HRA Lending Margin
26 Jun 2023Borrowing

PWLB Reduced HRA Lending Margin

The PWLB has recently announced a reduction in the margin applied to loans that will be used to fund capital expenditure within the Housing Revenue Account (HRA).

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Is Engagement or Exclusion better for ESG?
23 Jun 2023ESG

Is Engagement or Exclusion better for ESG?

One area that has seen lots of attention is the growth in ESG funds or the incorporation of ESG into existing funds’ strategies and the terms exclusions and engagement are often thrown around in this conversation. But is one better than the other?

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Financial problems in Guizhou
20 Jun 2023Local Authorities

Financial problems in Guizhou

Local authorities in other countries can get into financial difficulties too. It’s not just Woking, Thurrock, Slough and Croydon that have been making headlines recently. Guizhou, a region in China, has been in the press over concerns about high debt levels, a likelihood of default and the possibility of a bail-out from the central government in Beijing.

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New Secured Deposit Service
19 Jun 2023Press Releases

New Secured Deposit Service

We are proud to announce that we have successfully supported the trading of secured deposits in collaboration with the innovative fintech Consort1, along with Clearstream, Standard Chartered Bank, NatWest, Alpha Group, and BankClarity, with Gloucestershire County Council being among the first UK local authorities to utilise the new service.

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What’s your opinion of local authority accounts?
19 Jun 2023Local Authorities

What’s your opinion of local authority accounts?

A product of the audit process is for an independent assessment on the financial statements of an organisation to express an opinion on their fairness and compliance with applicable accounting principles, which is given through the auditor’s opinion.

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Active vs Passive Investing?
15 Jun 2023Investing

Active vs Passive Investing?

Given the challenge presented by the last few years, are we any closer to settling the perennial active versus passive debate?

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Auditing Local Authority Accounts
09 Jun 2023Technical

Auditing Local Authority Accounts

The crisis in the audit of local authority accounts has been widely publicised with the Department for Levelling Up Housing and Communities (DLUHC) currently carrying out an inquiry into the current backlog that exists. What changes could be made?

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Accounting for Fair Value through Other Comprehensive Income
07 Jun 2023Technical

Accounting for Fair Value through Other Comprehensive Income

Back in April the IFRS 9 Statutory Override was extended for a further two years. Should the Government and the accounting standard setters apply FVOCI as the way to account for these instruments going forward?

Read insight: Accounting for Fair Value through Other Comprehensive Income