Board response to CIPFA’s Code of Practice on Local Authority Financial Reporting in the UK consultation

The Board is publishing its response to CIPFA’s Code of Practice on Local Authority Financial Reporting in the UK consultation. This annual consultation focusses on the 2026/27 Code of Practice on Local Authority Accounting in the United Kingdom (the Code) which will apply to accounting periods starting on or after 1 April 2026. The Board’s comments are limited to proposals specifically related to the proposed decoupling of local government pension fund accounts from those of their host administering authority. The LGA has made a fuller response, and the Board supports the comments made in that response.