Peter Worth

Peter Worth Email and Phone Number

Director at Worth Technical Accounting Solutions Ltd @ Worth Technical Accounting Solutions Ltd
yorkshire, north yorkshire, united kingdom
Peter Worth's Location
Torver, England, United Kingdom, United Kingdom
Peter Worth's Contact Details

Peter Worth personal email

n/a
About Peter Worth

A recognised authority on local government accounting, I have contributed to and co-authored a number of professional publications and have worked with central government and national agencies on a range of matters relating to local government finance. Currently Chair of CIPFA’s Local Authority Accounting Panel, a member of CIPFA's Pensions Panel, and the Pensions Research and Accounting Group, I am at the forefront of accounting development generally. I am also a highly skilled and in-demand trainer and conference speaker. I set up Worth Technical Accountancy Solutions in 2012 to provide bespoke accountancy solutions tailored to meet clients' individual needs and circumstances. Projects undertaken to date have improved debt collection processes, reduced the speed of year end closedown, improved the quality of financial reporting and used accounting techniques to deliver significant financial savings.I am available to provide: - on-site support to local authorities over the closedown period - tools and techniques to improve the speed of closedown and the quality of year end financial reporting - advice on implementing new Code requirements such as Fair Value, Highways Infrastructure

Peter Worth's Current Company Details
Worth Technical Accounting Solutions Ltd

Worth Technical Accounting Solutions Ltd

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Director at Worth Technical Accounting Solutions Ltd
yorkshire, north yorkshire, united kingdom
Employees:
1
Peter Worth Work Experience Details
  • Worth Technical Accounting Solutions Ltd
    Director
    Worth Technical Accounting Solutions Ltd Nov 2012 - Present
    York, United Kingdom
    Providing interim support and consultancy services for local authorities, clients to date include 3 London boroughs, a metropolitan and unitary authorities, a local government pension fund and a joint waste authority. Working as a consultant, I was proud to be part of the closedown team at Westminster City Council that was first in the UK to publish audited accounts for both 2014/15 (by 18 May 2015 ) and 2015/16 (by 15 July 2016). I have a proven track record in helping local authorities to deliver high quality year end accounts with a clear audit trail, leading to a smooth audit process, reduced fees, and no material errors identified.Other consultancy work has identified budget savings of up to £50m through reviews of Minimum Revenue Provision and capital financing calculations, and HRA accounting. Work with a London borough led to significant improvements in Collection Fund accounting and business processes, reducing overall local tax arrears by £16m.I have provided accounting views on a range of subjects including group accounting, PFI and leasing, debt rescheduling, Financial Instruments, capital accounting and financing calculations. I have also developed estimation techniques for complex provisions and accruals. These have all been accepted by external audit, successfully resolving potential problems at an early stage. I have provided training for finance staff all levels, as well as 1-to-1 coaching and mentoring for chief accountants and section 151 officers. I have also provided training for elected members on "understanding the accounts".I have authored CIPFA's annual Local Government Pension Scheme (LGPS) Example Year-End Accounts since 2012/13, co-authored CIPFA's LGPS Management Costs Guidance, as well as CIPFA's Good Practice Guidance on Preparing LGPS annual reports. I have also contributed to CIPFA's annual Code of Practice Guidance Notes for Practitioners. I am a regular speaker at CIPFA conferences, workshops and events.
  • Westminster City Council
    Interim Tri-Borough Director Pensions And Treasury
    Westminster City Council Jul 2017 - Dec 2017
    Westminster, London
    Responsible for managing a small team running 3 London borough pension funds (City of Westminster, Hammersmith & Fulham and Kensington & Chelsea) with combined net assets of £3.5bn together with treasury functions handling a further £2bn.
  • Audit Commission
    Technical Manager
    Audit Commission Jun 2009 - Oct 2012
    • Technical lead for several major aspects of the local government portfolio including pensions, housing (including stock transfer) and local authority accounting • Represent the Audit Commission on the CIPFA Pensions Network Panel• Provide technical advice to auditors on local government issues• Develop and deliver technical training regionally and nationally• Undertake specific technical casework where there is a high degree of professional risk eg treasury management, housing stock transfer, financial instruments
  • Audit Commission
    Senior Technical Manager (Temporary Post)
    Audit Commission Jun 2008 - May 2009
    • Line managed three team members• Responsible for technical training and development of 20 technical team members including the introduction of IFRS;• Responsible for providing mamagement information to support the technical team management group.• Represent the Audit Commission on the CIPFA Pensions Network Panel
  • Audit Commission
    Technical Manager
    Audit Commission May 1999 - May 2008
    Jointly set up in-house technical accounting and auditing support for District Audit;Project managed introduction of the first electronic helpline system for technical supportRepresented the Audit Commission externally on CIPFA's Local Authority Accounting Panel 2001-2009Speaker at CIPFA's technical updates and annual Local Authority Accounting ConferenceProvided technical advice to auditorsDeveloped and delivered technical training both internally for auditors and externally for bespoke client groups
  • Audit Commission
    Audit Manager
    Audit Commission Sep 1991 - May 1999
    Responsible for managing the audits of a range of audit clients in the local government, NHS and probation sectors across West, North and East Yorkshire. This including managing the abolition of four district councils and once county council in 1995/96 and the transfer of assest and liabilities to the successor unitary authorities.Co-wrote the District Audit PFI audit guide
  • Audit Commission
    Audit Examiner Qualified
    Audit Commission May 1988 - Aug 1991
    Managing elements of probity work at three metropolitan district councils and two district councils. Carrying out local authority value for money studies
  • Harrogate Borough Council
    Group Auditor
    Harrogate Borough Council Apr 1986 - Apr 1988
    Responsible for managing internal audit reviews of systems, value for money and contract audit
  • Oldham Metropolitan Borough Council
    Trainee Accountant/ Assistant Group Auditor
    Oldham Metropolitan Borough Council Sep 1980 - Mar 1986
    Responsible for preparing service budgets and final accounts for Education DepartmentConducting internal audit reviews of financial systems and carrying out fraud investigations in Education and Housing Departments.

Peter Worth Skills

Auditing External Audit Local Government Ifrs Governance Financial Reporting Internal Audit Public Sector Accounting Assurance Social Housing Managerial Finance Internal Controls Performance Improvement Stakeholder Engagement Financial Risk Treasury Management Management Risk Assessment Finance Management Accounting Corporate Governance Service Improvement Pfi International Financial Reporting Standards Private Sector

Peter Worth Education Details

Frequently Asked Questions about Peter Worth

What company does Peter Worth work for?

Peter Worth works for Worth Technical Accounting Solutions Ltd

What is Peter Worth's role at the current company?

Peter Worth's current role is Director at Worth Technical Accounting Solutions Ltd.

What is Peter Worth's email address?

Peter Worth's email address is p-****@****.gov.uk

What schools did Peter Worth attend?

Peter Worth attended The Manchester Metropolitan University, The University Of Birmingham.

What are some of Peter Worth's interests?

Peter Worth has interest in Backpacking, Camping And Caving, Scrambling, Mountaineering, Hillwalking, Arts And Culture.

What skills is Peter Worth known for?

Peter Worth has skills like Auditing, External Audit, Local Government, Ifrs, Governance, Financial Reporting, Internal Audit, Public Sector, Accounting, Assurance, Social Housing, Managerial Finance.

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