AdvicePro at the Go Awards Scotland

The Standard Financial Statement (SFS) is an income and expenditure statement with a single set of spending guidelines. It is intended to replace the Common Financial Statement (CFS) and other financial statement formats, including the one used by StepChange Debt Charity. The SFS will also introduce a savings element, which is designed to build financial resilience. Led by the Money Advice Service, the SFS initiative is backed by, and being developed in partnership with, advice providers (including AdviceUK), as well as creditors, trade associations and other interested parties.