Accurate and transparent financial reporting is essential for accountability, informed decision-making, compliance, and building trust. It also provides a clear picture of a body’s financial health. Moreover, good quality financial accounts are fundamental to a smooth and effective audit process.

Join us this December as finance professionals, auditors, and valuers come together to explore the challenges and opportunities in strengthening financial reporting across Welsh local government.

What to expect:

• Asset Valuations and Accounting: Understand the essential role of local authority valuers in delivering accurate, timely, and compliant asset valuations that support financial reporting and audit assurance.
• Quality Assurance: Discover best practices for preparing high-quality financial accounts.
• Back to Basics: Revisit the fundamentals of working papers and understand our approach to testing.
• Success Stories: Hear from local authorities where things are working well - sharing practical insights and lessons learned.
• Looking ahead: Explore how AI, automation, and succession planning are critical in shaping the future of financial reporting and account preparation.
• Broader Perspectives: Gain knowledge from experiences beyond Wales to inspire innovation and improvement.

Who should attend:

This event is for anyone involved in local government finance and accounting. The morning session will focus on asset valuations, and we strongly encourage local authority valuers to attend this session.

Don't miss this opportunity to network, learn, and contribute to the future of sustainable financial practices in local government.