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4 Dec 18
Attracting accountants to the public sector is one of Malta’s biggest challenges as it shifts to an accrual-based financial reporting system, the director of government accounts has told PF...
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26 Nov 18
The Philippine government is overhauling its procurement system as part of wide-ranging plans to digitise financial management systems and improve transparency.
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31 Oct 18
Integrated reporting can improve governance, accountability, and rebuild trust in a post-crisis global economy, argues the IIRC’s Jonathan Labrey.
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30 Oct 18
Nigerian states are lagging behind in the adoption of international accounting standards, the country’s accountant general has warned.
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25 Oct 18
International public finance expert Manj Kalar explains why it is important to look at public sector balance sheets to get a full picture of government accounts.
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19 Oct 18
Malaysia will shift to accrual accounting within the next three years as part of reforms to stop the “excesses of the past”.
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5 Oct 18
The world’s accounting systems need to be brought up to date – ideally moving over to accruals, says the emeritus chair of CIPFA International Ian Ball.
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25 Sep 18
Finance ministries around the world are still not getting to grips with reducing gender inequality through budging, CIPFA’s international conference heard.
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18 Sep 18
Iceland’s ministry of finance’s Herdís Sólborg Haraldsdóttir talks about the importance of considering the impact of public spending on men and women when budgeting. She is speaking at the CIPFA...
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13 Sep 18
Consultant Ashok Rao helped devise in India what he believes to be the first national code of its kind for governing regional finances. Such a framework establishes a benchmark for best practice, he...
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21 Aug 18
The finance ministry of Egypt has started the implementation of a new system to monitor state agencies’ financial transactions.
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17 Aug 18
Strong public financial management is the foundation for a sustainable growth. But are we doing enough? Asks the African Union’s Assietou Sylla Diouf.
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10 Aug 18
An international standard on accounting for social benefit liabilities, 15 years in the making, has finally been agreed on. Public finance consultant Manj Kalar explains why it has taken IPSASB so...
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10 Aug 18
The International Public Sector Accounting Standards Board has agreed to move forward with the majority view on a new standard on accounting for social benefits following months of consultation.
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3 Aug 18
Greece must be realistic about its economic goals despite successful progress since its fiscal crisis, the IMF has warned.
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2 Aug 18
A Nigerian accountancy body is pushing for accountability and enhanced management of public funds at all levels of the government through its new index.
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13 Jul 18
The public sector is not widely adopting blockchain because of a lack of policies to support the technology, the director of a software company has told a conference.
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13 Jul 18
The European Commission should have proved the value it was adding with changes to its long-term spending priorities, auditors have concluded.
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10 Jul 18
The speaker of Ghana’s Parliament has reminded the finance minister he must produce a mid-year budget review before the House rises on 26 July.
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18 May 18
Indonesia should continue to strengthen its public financial management in the face of slower growth and rising inequality in the country, a World Bank report has said.
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11 May 18
Technology is reshaping how governments raise and spend money, says a group from the IMF’s fiscal affairs department.
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4 May 18
Indian Railways – one of the biggest public sector employers in the world – is starting a move to implement accruals as part of a major reform of its accounting system.
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18 Apr 18
The International Monetary Fund has warned governments around the world to take advantage of favourable economic conditions to build policies to protect economies against a downturn.
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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.
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3 Apr 18
Attendees at an IPSASB roundtable in Brussels questioned the addition of accounting for natural resources as a priority for the standard setter’s work from 2019 to 2023.