Hi All
I have been set a question and to provide a presentation with the answer. I am looking for help to get started.
The question is:

Whilst preparing to close down the Authorities accounts, the figures indicate that a considerable / material overspend is likely to occur. Please suggest
1. What you would look for to confirm that the projections are correct
2. Any year end adjustments that need to be taken into account
3. How you would present your findings and to whom.

All help greatfully received.
Martin

Scenario you provided is very less informative.Like how you have concluded that material overspend is likely to occur what exactly procedure you have followed ?
Overspent budget can be carry forward.

I hope this is not too late.....but i bet it is.

In regards to presenting adjustments, it is important to clearly show all adjustments in a tabular format.
But I suppose it does depend on the particular accounts to be adjusted and who the receiver is.

I set out any adjustments on Excel

Wiith 4 column:
reference code (the code which the adjustment relates too)
The closing balance the receiver currently shows
Our/your clsoing balance including the adjustment

and a final cloumn clearly showing what has to be entered i.e the adjustment to bring the closing balance to agree with your

It is important that any adjustments have the relevant back-up