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UID:20260726T095711Z - 52319@ea26ef6c5ad7
DTSTART;TZID=Europe/London:20251016T093000
DTEND;TZID=Europe/London:20251016T163000
CREATED:20260726T095711Z
DESCRIPTION:<a href="https://oalc.org.uk/event/finance-day-23">Finance Day<
 /a>\nJoin us for a half day or full day of Finance!Morning sessions - 10.0
 0am - 1:00pm- Finance for Councillors and New Clerks/RFOs - Budgeting and 
 Precept SettingAfternoon sessions - 1:30pm - 4:30pm- Introduction to VAT a
 nd VAT126 forms- Internal controls Morning - 10:00am - 1:00pmFinance for C
 ouncillors and New Clerks/RFOs This session is designed to give councillor
 s and new Clerks/RFOs a greater understanding of their duties with regard 
 to the council’s finances. Topics include: • Roles and responsibilitie
 s • setting a budget and precept • Financial control • The Annual Go
 vernance & Accountability Return • Internal and external audit • How V
 AT applies to local councils By the end of the session you will: • Under
 stand the council's duties regarding financial management • Be aware of 
 relevant legislation and sources of guidance • Be aware of how the counc
 il's accounts are prepared and audited • Recognise the importance of int
 ernal controls • Understand how VAT law applies to your councilBudgeting
  and Precept Setting This session is aimed at officers and councillors of 
 parish & town councils\, who are involved in preparing\, approving and mon
 itoring budgets. Run by Steve Parkinson\, OALC Finance\, Audit and VAT con
 sultant Topics include: • setting a budget and precept • Contingencies
  and reserves • how the council tax base affects the budget • Inflatio
 n • budget monitoring By the end of this session you will: • Understan
 d how and when to prepare a budget • Know how to approve and issue a pre
 cept • Be aware of the factors that affect a budget • Understand how t
 o manage a budget Afternoon 1:30 - 4:30pmVAT for Clerks and Councillors Th
 is session on VAT will cover these areas:An overview of relevant legislati
 on and guidancekey concepts of VATmaking supplies of goods and servicesVAT
  registrationRecovering VAT on purchasesPartial exemption and opting to ta
 xUsing grants and [...]
DTSTAMP:20260726T095711Z
LOCATION:Oxfordshire Association of Local Councils\, Benson Parish Hall\, S
 unnyside\, Benson\, Oxfordshire\, OX10 6LZ
SUMMARY:Finance Day
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