David Green: IFRS 9 checklist
Now that local authorities are in the middle of preparing their first financial statements under the new IFRS 9 Financial Instruments accounting standard, here’s a reminder of what might need[…]
Author: David Green
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Wake up and smell the coffee: IFRS 16 is a major change
Councils who think they won’t be subject to new accounting rules on leases are in for a rude awakening, says David Green. One of the first things anyone analysing financial[…]
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2018 – A year in regulation
David Green casts an eye over a year of numerous changes. 2018 was a big year for regulatory change in local authority treasury management. No sooner had the New Year’s[…]
Guidance counselling: addressing the commercial property borrowing craze
Strongly worded statements and additional guidance might not be enough to wean councils off their addiction to borrowing to fund property investments, says David Green. Local authorities must not borrow[…]
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Taking stock – reflections on LATIF 2018
Room151’s recent Local Authority Treasurers Investment Forum (LATIF) provided lively debate over Brexit, councils’ commercial property purchases and general investment returns. David Green gives his overview of events. I recently[…]
David Green: Finding a ‘lifeline’ for problematic LOBOs
A recent accounting clarification could have big implications for managing LOBO loans. David Green suggests there is a way to save councils from going under. Many local authorities had objections[…]
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David Green: How to set an inter-authority loan rate
Lending between councils has become controversial with some accused of offering loans at “bargain basement” rates. David Green analyses the elements that go into setting a rate. Inter-authority lending has[…]
David Green: Credit rating the Municipal Bonds Agency
The Municipal Bonds Agency has achieved a credit rating from Moody’s. David Green explores what went into the decision. Moody’s has assigned UK Municipal Bonds Agency plc a Aa3 credit[…]
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David Green: IFRS 9, treasury management and the accounting
IFRS 9’s impact on accounting may be fraying the nerves of treasury managers. David Green imagines a coffee machine conversation in which the caffeine helps clarify an approach to the[…]
David Green: Consultations risk an Unhappy New Year for treasury managers
2017 has been a year of preparing for regulatory change. Many of the changes to the global financial system designed to prevent a repeat of the 2008 financial crisis will[…]
