CIPFA chief urges accountancy rule changes as councils‘bend the rules'

摘要

Councils are 'bending the rules' on their balance sheets with the blessing of central government in a bid to hide the dire financial picture, finance chief Rob Whiteman has claimed. The chief exeutive of the Chartered Institute of Public Finance and Accountancy (CIPFA) claimed councils were 'raiding the cupboard' and charging transformation to capital. "Government is allowing councils to bend the accounting rules in order that it, the Government, isn't held to blame lor the dire state of council's finances and its impact on services,' he said.