CIPFA Financial Glossary

What is it? Chartered Institute of Public Finance and Accountancy. One of the major accountancy institutes which specialises in the public sector.

Finance Term Definition Added By: Sarah

The CIPFA definition has been viewed 3226 Time(s)!

Send To Friends!

If you'd like to send the CIPFA definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of CIPFA. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Time is The time of the last trading transaction.

Financial Term Escrow account is Account held by a lender for payment of taxes, insurance, or other periodic debts against real property. The property owner pays a portion of the yearly taxes, insurance, etc., with each monthly payment. The lender pays the tax bill from the accumulated funds. Also called impound account or trust account.

Financial Term Provisions is Money set aside to meet specific service liabilities, and to meet spending.

Financial Term Gearing is A ratio used to describe the use of debt as well as equity to fund a company. Gearing (%) = 100 * (Net borrowings (Total borrowings less cash and near cash assets) / shareholders funds)

Financial Term Revenue spending is Spending on the day-to-day running of services - mainly wages, running expenses of buildings and equipment, and debt charges. These costs are met from the Council Tax, government grants, fees and charges.