Accounting Policies used in the Preparation of the Statement of Accounts 2018/19
Decision status: Recommendations approved
Is Key decision?: No
This item was brought forward with the agreement of the Chair.
Khadija Saeed, Head of Corporate Finance, presented a report outlining the accounting policies to be used in the preparation of the council's 2018/19 statement of accounts. The changes to International Financial Reporting Standards (IFRS) 15 and 9 were highlighted and it was explained that these had been incorporated into the proposed 2018/19 policies.
Resolved: That the accounting policies, as set out in the report now presented, be approved.
Report author: Jeanette Moister
Date of decision: 28/01/2019
Decided at meeting: 28/01/2019 - Audit, Risk and Governance Committee