The HFMA broadly supports the proposed changes although we do have concerns over the timing of the May 2025 backstop date.
The HFMA supports the proposed changes as part of the package of measures to address the local audit backlog in England.
The HFMA has responded to the Financial Reporting Council’s consultation on revisions to the Ethical Standard
In July and August 2023, the HFMA surveyed its members about the year-end process to see whether there were any lessons that could be learned.
Topics incluced system assurance, feedback of the sustainability audit, an overview of ISA 315 and 240, and the findings from the 2021/22 DHSC audit
Key issues from HFMA's latest survey along with national plans and good practice.
Liverpool University Hospitals NHS Foundation Trust has revised many of its financial rules.
The full report will be published later in September, but there are two main themes emerging.