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Financial Regulations.pdf

Financial-Regulations.pdf
Preview of Financial Regulations
🔗 Source: worton.org.uk
📊 Size: 364 KB
👤 Author: George Wisz
⬇️ Downloads: 117

Summary

Worton Parish Council's Financial Regulations, effective May 29, 2018, and last reviewed in May 2022, govern the council's financial management. The regulations outline the council's responsibilities, including ensuring adequate and effective financial management, maintaining a sound system of internal control, and managing risk. The Responsible Financial Officer (RFO), appointed by the council, is responsible for administering the council's financial affairs, determining accounting records and control systems, and ensuring compliance with regulations. The regulations cover various aspects, including accounting and audit, budgetary control, banking arrangements, payments, loans, income, contracts, and risk management. Failure to follow the regulations can result in disciplinary proceedings for employees and bring the office of Councillor into disrepute. The council must review the effectiveness of its internal control system annually.

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Description

Worton Parish Council's Financial Regulations, effective May 29, 2018, and last reviewed in May 2022, govern the council's financial management.

Technical Information

  • File Format: PDF
  • File Size: 364 KB
  • Pages: 18
  • Language: EN
  • Author: George Wisz
  • Total Downloads: 117
  • Last Updated: 3 hours ago

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This PDF document about Financial Regulations provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Financial Regulations.

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