Decision details

The Sub Committee considered the update report on the progress in implementing the Charted Institute of Public Finance & Accountancy (CIPFA) Financial Management Code.

The 2023/24 self-assessment and draft action plan had been developed following two informal briefings with Sub Committee members in June 2024 at which each Principle and Standard of the Code were discussed in detail. 

A further report would be brought to the Sub Committee in January 2025 to update on the latest 2024/25 in year progress against the Action Plan and also provide an updated self-assessment position against the Financial Management Code.

RESOLVED (unanimously):  That the Sub Committee

1               note the contents of the report and the 2023/24 self-assessment against the principles of the Charted Institute of Public Finance & Accountancy Financial Management Code and the action plan.

2               approve the 2023/24 self-assessment position (as at March 2024) in Appendix 2 to the report - Cheshire East Council’s current level of compliance with the Charted Institute of Public Finance & Accountancy Financial Management Code Framework.

3        approve the Action Plan, as presented in Appendix 3 to the report.