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At Scribe Accounts, we believe that managing finances doesn’t have to be stressful. That’s why we’re offering a free download of our “Diary of an RFO” eBook, designed to empower RFOs and Clerks in England and Wales with the tools and knowledge they need to confidently manage their council’s finances year-round.

But that’s not all—if you prefer listening to a deep dive, we’ve just released a Podcast on YouTube, where we break down the essential elements of the RFO role. Tune in for practical tips, insights, and a quarterly breakdown of RFO responsibilities.

What You’ll Learn with the “Diary of an RFO”

• Quarterly Breakdown of RFO Responsibilities: We’ve structured the guide to follow the financial calendar, ensuring you’re prepared for tasks like precept planning, year-end accounts, and audits. Each quarter highlights essential activities, ensuring you stay ahead of deadlines and avoid last-minute surprises.
• Understanding Key Financial Regulations: This eBook lists the essential regulations that RFOs must comply with, including the Local Government Act 1972 and the Accounts and Audit Regulations 2015.
• Mastering the AGAR (Annual Governance and Accountability Return): Whether your council falls under AGAR Form 2 or Form 3, this guide walks you through the process, from reconciling bank accounts to explaining significant variances. We also detail the internal and external audit requirements, ensuring you’re fully prepared for audit season.
• Budgeting and Precept Setting: Learn how to prepare, present, and monitor your council’s budget effectively. The eBook covers best practices for precept setting, including how to calculate the required precept based on your council’s financial needs and ensure alignment with financial regulations.
• VAT Management Made Simple: Whether you’re submitting through VAT Form 126 or using Making Tax Digital (MTD) for VAT-registered councils, our guide provides step-by-step instructions to ensure compliance.
• Asset Management and Financial Risk: Properly managing council assets and conducting financial risk assessments are vital for long-term financial health. The eBook explains how to update your asset register, conduct risk assessments, and implement internal controls to mitigate risks like fraud or cash flow shortages.

Practical Tools for Everyday Financial Management

We know that finance is about more than just numbers—it’s about understanding your council’s financial health and ensuring public funds are used efficiently. The “Diary of an RFO” includes:

• Monthly and weekly financial tasks checklists.
• Practical tips on balancing income and expenditure.
• Advice on managing payroll, reserves, and procurement processes.

By using the tools provided in this eBook, you can enhance your efficiency and ensure your council’s finances remain transparent and accountable.

Who Should Download This eBook?

• New RFOs who need a practical guide to navigate their role.
• Experienced RFOs seeking to streamline processes and stay on top of regulatory changes.
• Clerks who handle financial responsibilities in smaller councils.
• Councillors and finance committee members looking to deepen their understanding of the council’s financial management.

📥 Download the Free “Diary of an RFO” eBook Here

About Scribe Accounts

Scribe Accounts supports over 1,300 councils across the UK by providing innovative financial software designed for local councils. From simplified budgeting and bank reconciliation to VAT management and audit preparation, Scribe helps you meet financial compliance with ease. Our solutions are tailored specifically for parish, town, and community councils, ensuring you have the right tools to succeed.

*Commercial news content is written and provided by the supplier. The publishing of this piece does not imply endorsement or recommendation by SLCC for goods or services*