Chartered Institute for Public Finance and Accountancy (CIPFA)
Barnet Council is addressing financial risks identified by CIPFA, while Croydon Council has strengthened audit oversight based on CIPFA guidance.
Barnet Council formally accepted all 18 recommendations from a financial review by CIPFA in September 2026. This review highlighted significant financial sustainability risks for the council, including a projected structural deficit of £79.3 million in 2026-27, and identified concerns such as weak savings delivery.
In July 2026, Croydon Council's Audit and Governance Committee strengthened its oversight of treasury and internal audit functions. This move, approved by Full Council, aligns with new guidance from CIPFA, a professional body for public finance in the UK, and was prompted by the council's ongoing financial challenges.
Key facts
- Barnet Council accepted all 18 recommendations from a CIPFA financial review in September 2026. Source
- CIPFA projected Barnet Council's structural deficit to reach £79.3 million in 2026-27. Source
- Croydon Council's Full Council approved audit committee term amendments on 20 July 2026. Source
- These amendments align with new guidance from CIPFA. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on, with background from Wikipedia. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.