Client Case Studies
Harborough District Council
Harborough District Council (HDC) as other local authorities, account for their transactions and balances under UKGAAP according to Local Authorities SORP. As part of the public sector conversion to IFRS it was necessary for HDC to be fully prepared for IFRS external reporting in 2010/11.
ERP System Rescue and Managed Services
A financial institution regulated by the Financial Services Authority (FSA).
The company used an old version of the Oracle JD Edwards ERP system across a number of functions. Following two key appointments at Board level in October/November 2006 the finance department took immediate responsibility for systems from IT and considered outsourcing to India.
The company used an old version of the Oracle JD Edwards ERP system across a number of functions. Following two key appointments at Board level in October/November 2006 the finance department took immediate responsibility for systems from IT and considered outsourcing to India.
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Cabinet Office
There were weaknesses within the financial structures and systems of the Cabinet office that were preventing the timely and accurate reporting of financial information.
Delays in the completion of the 2002-03 annual accounts led to a disclaimer to audit opinion, followed by a Public Accounts Committee hearing. As part of its actions to prevent a recurrence, the Cabinet Office asked Insight MSC to undertake a review of its accounting functions, processes and systems.
There were weaknesses within the financial structures and systems of the Cabinet office that were preventing the timely and accurate reporting of financial information.
Delays in the completion of the 2002-03 annual accounts led to a disclaimer to audit opinion, followed by a Public Accounts Committee hearing. As part of its actions to prevent a recurrence, the Cabinet Office asked Insight MSC to undertake a review of its accounting functions, processes and systems.
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Cheshire Police Authority (CPA)
The Cheshire Constabulary is responsible for policing a population of 980,000 and an area of 232,850 hectares. It has a annual budget of £160m and employs 3000 officers and staff.
Cheshire Police Authority had since being created in 1996 shared corporate systems and services with Cheshire County Council.
A strategic decision was taken to bring more flexibility to financial management by developing an in-house solution that necessitated CPA adopting new systems, processes and work practices.
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The Cheshire Constabulary is responsible for policing a population of 980,000 and an area of 232,850 hectares. It has a annual budget of £160m and employs 3000 officers and staff.
Cheshire Police Authority had since being created in 1996 shared corporate systems and services with Cheshire County Council.
A strategic decision was taken to bring more flexibility to financial management by developing an in-house solution that necessitated CPA adopting new systems, processes and work practices.
read more
Latest News
18/02/2010InsightMSC delivered a workshop on the practical impacts of IFRS in Local Government at the Celtic Manor Resort Hotel, Newport...
Latest Case Study
03/03/2010InsightMSC supported Harborough District Council through their IFRS conversion project using the Insight IFRS toolkit...
Thought Leadership
02/03/2010Peter Morley explains when and why you should consider an accounting system refresh...
