Treasure your assets: a jargon free guide to scrutiny of local authority financial investments £5.00 plus PP + VAT
The Centre for Public Scrutiny has published a jargon-free guide to help local councillors - and non-executive directors of other public bodies - to scrutinise the strategy and performance of local treasury management.
The Centre for Public Scrutiny has published a jargon-free guide to help local councillors - and non-executive directors of other public bodies - to scrutinise the strategy and performance of local treasury management.
Following the collapse of four Icelandic banks it isn't surprising that questions are being asked of the 123 local authorities who now have a total of some 1bn at risk. Treasure your Assets is an essential piece of guidance for those wishing to investigate how their authority invests their money, not only for those councils who invested money in Icelandic banks but also for those who want to ensure that their authority is following best practice and managing public funds in a responsible way, and to help demonstrate local accountability and transparency.
The CfPS guide provides:
- a clear summary of the legal framework and statutory guidance that exist to help councils meet these aims
- a glossary of the technical terms involved, from counterparties to redemption premiums
- a step by step guide to carrying out an overview and scrutiny review of treasury management in the authority, including suggested questions to ask