Local Council Finance

A practical guide to aspects of parish, town and community council finance and the keeping of accounts. It is intended for those charged with the responsibility of keeping local council accounts, such as Clerks and Finance Officers, and also for members of parish, town and community councils and students of local council finance and administration. The book covers topics such as the budget, annual accounts, accounting methods for small and larger local councils, VAT, internal and external audit, payroll, capital accounting, borrowing and insurance. It takes consideration of the most recent accounts and audit regulations, with worked examples, and changes in Inland Revenue, Customs & Excise and Contributions Agency practice. Additional subjects covered include valuation of assets, computerization, data protection, pensions and investments.