Governance

Governance

A Local council's financial year begins on 1st April and ends on 31st March in the following year. Legislation requires a council to prepare accounting statements for each financial year, which must be externally audited. Proper practices provide for a council to prepare its accounting statements in the form required by an annual return which summarises the accounts and includes an annual governance statement.

The external Audit of a council's annual return provides a professional audit of a council's annual income and expenditure, or receipts and payments, and a review of the annual governance statement by someone who is independent to the council.

A council is responsible for ensuring that its financial management is adequate and effective.

(Local Councils Explained, A NALC Publication, Meera Tharmarajah)

Our Governance Policies are available to view in the Documents section.
This is the Winterslow Parish Council Wiltshire local authority website, presenting local community, visitor and parish articles and news.