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23 Jun 22
Comprehensive accrual accounting is required to meet a challenging economic reality, argue Ian Ball, John Crompton and Dag Detter.
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30 Jun 21
Public assets such as infrastructure are at greater risk of falling into disrepair if the government that owns them uses cash accounting, a conference has been told.
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14 Sep 20
An equal number of men and women will lead the International Public Sector Accounting Standards Board for the first time, following the appointment of three new members.
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23 Apr 20
The coronavirus pandemic will have a long-lasting effect on public finances. Governments need the complete picture that modern accounting standards provide in order to navigate the recovery, argues...
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21 Apr 20
Quality information from accruals accounting will be vital for governments when navigating the post-coronavirus recovery, argues Professor Ian Ball from Victoria University of Wellington.
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20 Mar 20
Economic crises and natural disasters take a heavy toll on a country, but with strong public finance institutions in place, governments can continue to provide good services and a robust safety net....
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3 Mar 20
A complete global transition to accrual accounting would result in better public services around the world, according to a new report.
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29 Jan 20
Moving from cash to accrual accounting is a key part of strengthening public financial management. But this is a big and often complex process. Here are some things to think about to ensure you make...
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10 Dec 19
Academics are being called to submit papers for a special edition of Public Money & Management on governmental accounting systems around the world.
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4 Oct 19
Collaboration and professionalisation via strong accountancy organisations is the key to improving public sector accounting around the world, says IFAC’s Joseph Bryson.
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8 Jul 19
New Zealand’s bold shift to accruals accounting was just the start of what has been a groundbreaking transformation. Victor Smart reports.
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18 Mar 19
For the implementation of accrual-based accounting standards and public financial management reforms to be successful long term they must have political backing, public finance experts have said.
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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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27 Nov 18
The move to accrual accounting by the world’s most powerful economies could put “healthy” peer pressure on others to follow suit, the global accountancy body has said.
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5 Nov 18
The new Malaysian government has allocated 227.5m ringgit ($54.39) to increase the number of accountants in the country, in its budget last week.
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4 Nov 18
Almost two thirds of governments around the world will shift to accrual-based accounting within the next five years, CIPFA and the International Federation of Accountants have predicted.
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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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17 Oct 18
Although most countries are united in the desire to shift to accrual accounting, many fail in their aim. But there are some simple ways to keep the process on track, says international public...
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11 Oct 18
It’s encouraging to see the IMF recognise the balance sheet’s role in fiscal management. Accounting’s contribution in generating the necessary information should also be acknowledged, says Ian Ball,...
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25 Jun 18
Public sector accountants play a “vital role” in pressuring governments around the world to reform their financial management systems amid global challenges, CIPFA’s president has said.
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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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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.
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22 Mar 18
The government of Zimbabwe has reaffirmed its commitment to implementing as accruals based accounting system to enhance transparency and accountability.
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6 Feb 18
The International Public Sector Accounting Standards Board is seeking views on its draft strategy and work plan for the period 2019-23.
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17 Nov 17
The EU’s member states should suspend the rollout of harmonised public sector accounting standards across the bloc and plough the money saved back into budgets, German auditors have said.