Financial Procedure Rules
The Financial Procedure Rules explain the procedures which officers must follow to ensure high standards of financial management. They tell us the things we cannot do, but also tell us the things we can do whilst keeping within the rules.
The Financial Procedure Rules provide a framework within which responsibilities are allocated. Compliance with Financial Procedure Rules provides protection to individuals undertaking financial management and transactions.
Whilst the Chief Officers are accountable for the deployment of the resources for which they have been given responsibility, they will delegate functions of a financial nature to individual officers, e.g. budgetary control, ordering of goods and services, payment of accounts and the certification of time sheets.
If officers undertake an activity which affects the Council's finances, they should ensure that they understand the requirements of the Financial Procedure Rules, in order that the approved arrangements are complied with.
Page updated: 19/10/2020 16:18:08