-
10 Oct 18
The International Monetary Fund has cut its global economic growth forecast for this year and the next by 0.2 percentage points because of worldwide trade wars.
-
9 Oct 18
Malta’s audit office has launched a five-year strategy focused on improving governance across the public sector – a first since the institution became independent 20 years ago.
-
8 Oct 18
The European Union should be realistic with the spending promises it makes in the next budget period of 2021 to 2027, auditors have warned.
-
8 Oct 18
Private public partnerships drain the public purse and international lenders should support countries to find other ways of financing public services, an umbrella group has warned.
-
1 Oct 18
Audit reports can be used as a tool to enhance accountability and tackle corruption if governments take their recommendations seriously, according to a senior policy analyst.
-
14 Sep 18
The European bloc should make more effective use of cohesion funding, as it is often “used in a rush” at the end of a programme period, auditors have warned.
-
5 Sep 18
EU money is mostly funding social and economic projects on a ‘first-come first-served’ basis rather than merit, auditors have warned.
-
15 Aug 18
Efforts to tackle money laundering and terrorist financing in the Democratic Republic of the Congo are inadequate, according to a think-tank report.
-
15 Aug 18
Ghana’s auditor general has slammed an economic crime agency after it kept more than one million Ghanaian cedi recovered from individuals and organisations.
-
2 Aug 18
Effective auditing and good governance play a key role in the war on corruption, Ghana’s president has told a conference.
-
17 Jul 18
The European Commission should tighten up its rules for countries with high levels of debt before the next recession, auditors have warned.
-
6 Jul 18
The Swiss government should improve measures to fight corruption by state officials and departments after actions were found to be inadequate, auditors have said.
-
5 Jun 18
Kenyan government procurement and accounting chiefs have been told to stop working in order to take lie-detector tests in a move to root out corruption.
-
4 Jun 18
The European Commission is failing to demonstrate the effectiveness of counter-radicalisation measures funded by the European Union, auditors have said.
-
26 Apr 18
Accrual accounting is “fundamental for informed decision-making”, Jamaica’s auditor general has said, as she called for greater adoption of international accountancy standards.
-
16 Apr 18
European Union investments in business have not led to durable and long-lasting success in around a fifth of cases, auditors have found.
-
20 Mar 18
EU public private partnerships are not economically viable and only have limited benefits, resulting in billions of euros being inefficiently spent, European auditors have said.
-
6 Mar 18
Independent regulators in Africa met last week to strengthen auditing and accounting regulations across the continent by formalising a common base and adopting international standards.
-
1 Mar 18
The government of Ghana will give $2m in a move to make the national audit service paperless to “protect the public purse”.
-
16 Feb 18
The EU budget should place greater emphasis on accountability and transparency and be able to react more flexibly to unforeseen circumstances, auditors have said.
-
29 Jan 18
The Pakistani government has introduced public sector auditing reforms to align its accounting procedures with international standards.
-
19 Jan 18
The public sector should be involved in developing proposed changes to the entire system of international standard-setting for auditors, the International Federation of Accountants has told PF.
-
9 Nov 17
Accountants from across the globe consider grant misspending to be the top public sector fraud risk, according to research co-released by CIPFA today.
-
2 Nov 17
Bangladesh’s public finances were already suffering because of poor economic management, political crises and corruption, when it took on the cost of its huge support to Rohingya refugees....
-
4 Oct 17
European Union plans to introduce a common railway signalling system across the bloc is running behind schedule and the implementation target could be missed, auditors have warned.