Magazine article Public Finance

CIPFA Will Train AMs in Finance

Magazine article Public Finance

CIPFA Will Train AMs in Finance

Article excerpt

The Welsh Assembly is working with CIPFA on a programme of financial scrutiny training for Assembly members and their staff, believed to be the first of its kind in a parliamentary context.

The move follows the Silk Commission recommendations. Reporting last year, the commission called for more fiscal autonomy for the Welsh Government in the form of greater tax-raising and borrowing powers, but matched this with an enhanced scrutiny role for Assembly members. In particular, consideration should be given to increasing the Assembly's capacity and expertise for financial scrutiny, Silk said.

Following some successful pilot sessions, the Assembly has awarded CIPFA a contract to provide the training.

Five sessions have been scheduled for the next 18 months. These will cover areas such as the budget process, committee inquiries, in-year and end-year monitoring, and the financial considerations that should apply to policy development.

The Assembly said it was likely that further sessions would be developed once the UK government had responded formally to the Silk Commission. …

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