Governance and audit
Helping to promote best practice and innovation in governance and audit across the UK NHS.
HFMA Awards 2024
Nominations for the governance award category are open until Friday 27 September.
Policy and guidance
Overall the HFMA agrees with the proposed framework changes, although there are a number of areas that would benefit from further detail.
The map brings together the key guidance and models to support effective corporate governance within the NHS.
This briefing explores ethical dilemmas facing NHS finance staff, ethical requirements and maintaining ethical standards.
A comprehensive guide of how the NHS finance regime works, as well as the wider landscape in which it operates.
Our detailed directory of all the resources the HFMA has on offer.
This briefing summarises the current audit context and shares top tips to plan for an audit that runs as smoothly as possible.
This paper provides NHS non-executive directors with key reminders as they review their 2023/24 annual report and accounts.
This short paper is intended to support audit committee members to easily understand the range of external audit reports and additional powers.
This paper covers: what a good year-end working paper looks like; good practice arrangements; and some key issues to consider for 2023/24.
The HFMA’s NHS audit committee handbook is a comprehensive guide covering aspects such as the purpose, arrangements, roles and supporting checklists.
This briefing set out for members what the head of internal audit opinion is and why it is important, along with key requirements and considerations.
The HFMA supports the proposed changes as part of the package of measures to address the local audit backlog in England.
The HFMA broadly supports the proposed changes although we do have concerns over the timing of the May 2025 backstop date.
This supplement showcases the 2023 winners and those shortlisted for awards. The winners were announced during the HFMA annual conference in December.
The HFMA has responded to CQC’s consultation on regulatory fees for integrated care system assessments.
The HFMA has responded to the Financial Reporting Council’s consultation on revisions to the Ethical Standard
The HFMA has responded to the Financial Reporting Council’s consultation on proposed revisions to the UK corporate governance code (the Code).
Dealing with the over collection of taxes after the compliance checks.
Key issues from HFMA's latest survey along with national plans and good practice.
The map brings together the key guidance and useful resources to help navigate the changes brought about by the Health and Care Act 2022.
News and analysis
The Department of Health and Social Care must return to publishing its accounts before the summer recess and set out a timetable for achieving this.
All NHS bodies will go into this year’s final accounts process with an auditor in place, NHS England CFO Julian Kelly told MPs this week.
For most NHS bodies, it’s a relatively quiet year from a financial reporting perspective.
Developments in the world of healthcare in the past three months.
The Scottish government must come up with a clear plan for health and social care to ensure the financial sustainability of the country’s service.
The Department of Health and Social Care has had its 2022/23 accounts qualified over its treatment of elective recovery funding.
Hardev Virdee, group chief finance officer for Barts Health NHS Trust, has been named the 2023 HFMA Finance Director of the Year.
Four chief finance officers make up this year’s shortlist for the HFMA Finance Director of the Year Award in the 2023 HFMA awards.
The ‘unacceptably high’ backlog in the local government audit system may get worse before it improves.
Since capital accounting was introduced in the NHS back in the early 1990s, tangible and intangible assets have been held at valuation.
Kwasi Kwarteng resigned as chancellor after a little over a month in office and was replaced by Jeremy Hunt.
The HFMA year-end survey painted a picture of a difficult year-end for 2021/22 and there are indications that 2022/23 will be no easier.
Auditor general Adrian Crompton (pictured) said the position on break-even had improved. Cardiff and Vale University Health Board.
Virtual wards are seen as one way of supporting NHS recovery and plans are being developed across the UK.
Feedback on charities' annual return changes, health spending on Covid-19, unbundled services costing change, and the updated oversight framework.
NHS England and NHS Improvement published details of the minimum NHS contributions to better care fund (BCF) plans at the beginning of May.
Governing the health and care system in England – Chris Ham, King’s Fund senior visiting fellow and former ICS chair.
Tough winters are par for the course in the NHS, and another regular feature of the healthcare year emerged.
Liverpool University Hospitals NHS Foundation Trust has revised many of its financial rules.
There is a huge amount to do to get new integrated care bodies ready for April, when the real work begins, says Healthcare Finance editor Steve Brown
Upcoming events
This course will give you and your colleagues information about how to maximise the value of both your take home pay and workplace benefits.
This course has been specifically designed for members of the 1995 Section of the NHS pension scheme.
This course has been developed to help you understand the changes, explore your options and help you to make the right decisions when the time comes.
Retirement may be 10 years away but it’s never too soon to start planning. This course is perfect for anyone thinking or already planning retirement.
This conference will keep all those involved with NHS charities up to date with any changes to practices and procedures.
This course has been developed to help you understand the changes, explore your options and help you to make the right decisions when the time comes.
This course has been developed to help you understand the changes, explore your options and help you to make the right decisions when the time comes.
To encourage a positive and realistic approach to a financially secure retirement and help employees make informed choices about retirement.
This online forum will provide updates on national policy and allow provider organisations to share insights, knowledge and best practice.
This course has been designed to identify key topics that will help employees strengthen their financial wellbeing.
This course has been specifically designed for members of the 1995 Section of the NHS pension scheme.
On-demand events
To encourage a positive and realistic approach to a financially secure retirement and help employees make informed choices about retirement.
This course has been designed to identify key topics that will help employees strengthen their financial wellbeing.
This course will give you and your colleagues information about how to maximise the value of both your take home pay and workplace benefits.
This course has been designed to identify key topics that will help employees strengthen their financial wellbeing.
To encourage a positive and realistic approach to a financially secure retirement and help employees make informed choices about retirement.
Retirement may be 10 years away but it’s never too soon to start planning. This course is perfect for anyone thinking or already planning retirement.
This course has been developed to help you understand the changes, explore your options and help you to make the right decisions when the time comes.
This online event offers indispensable practical insights and serves as a valuable platform for audit committee chairs and members to engage
This course has been developed to help you understand the changes, explore your options and help you to make the right decisions when the time comes.
We heard from CIVICA's head of AI and analytics talk about the things to consider when buying or building an AI solution.
Join our exclusive webinar and explore the potential of HFMA qualifications to elevate your career.
The procurement forum brought together finance and procurement-based colleagues to explore the benefits of joint working and best practice.
Looking for year-end resources?
The HFMA have collated all of its resources focused on the production of the 2023/24 annual report and accounts into one place.