Guidance to facilitate and clarify the year end accounting process
This guidance has been prepared to clarify specific areas where the possibility of different interpretation has been identified.
Following on from the month nine agreement of the balance exercise, which showed significant differences on both receivables and payables and income and expenditure, guidance has been prepared to clarify specific areas where the possibility of different interpretation by organisations has been identified. The clarifying guidance should therefore help to minimise any differences at the year end.
Strategic health authorities (SHAs) will be running local events and initiatives to ensure organisations are fully compliant with this guidance. Primary care trusts and NHS trusts will fully participate, and foundation (FTs) are encouraged by Monitor to participate in the events and any other local initiatives established by SHAs to manage and resolve NHS differences.
View the Department of Health and Monitor - joint supplementary accounting guidance letter.
If you have any queries about the joint guidance:
- FTs should direct them to Ian Ratcliffe (ian.ratcliffe@monitor-nhsft.gov.uk),
- other NHS bodies should direct them to Colin Forsyth (colin.forsyth@dh.gsi.gov.uk),
- arms length bodies, to Maddie Porter (madeline.porter@dh.gsi.gov.uk).