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10 Nov 17
The international standard for cash basis accounting has been revised to make the transition to accruals more “achievable”, the International Public Sector Accounting Standards Board has...
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7 Nov 17
An international accounting standard has finally been released for consultation after 15 years but - in a first - an alternative view has been included.
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25 Sep 17
Since the New Zealand government blazed a trail by shifting to accruals accounting in 1992, it has been taking off in the public sector across the world.
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25 Sep 17
China’s new accounting rules – the basic principles – introduce an accruals system and allow performance to be compared throughout the public sector
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22 Sep 17
Conviction and perseverance are needed to move to an accruals-based accounting system, Malta’s finance minister and former accountant general have told PF.
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25 Aug 17
Indonesia’s finance minister Sri Mulyani Indrawati has received recommendations from the country’s budget committee aimed at improving the draft bill on accountability of the state budget.
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15 Aug 17
Malta’s ministry of finance is working towards introducing accrual accounting to all government departments over the next two and a half years.
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19 Jun 17
The International Federation of Accountants has reiterated its call for better governance and public financial management to make it on to the G20’s agenda.
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4 May 17
Patchy transparency in Brazil has compromised the effectiveness of the country’s fiscal policies, according to the International Monetary Fund.
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4 Apr 17
Almost all Caribbean nations have adopted IPSAS or are in the process of doing so, according to a recent study.
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22 Mar 17
Nigeria today launched an IPSAS-compliant accounting solution to be rolled out across the country’s federal, state and local government.
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20 Mar 17
Jennifer Thomson, director and chief financial management officer, operations policy and country services, World Bank, explains why IPSAS is important for the bank and gives IPSASB some guidance on...
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20 Mar 17
Jim Brumby, director of public service and performance at the World Bank's Governance Global Practice, discusses whether the bank is satisfied with the pace of accruals adoption and what it is doing...
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20 Mar 17
Ed Owolo-Okere, director of financial accountability and reporting at the World Bank's Governance Global Practice, talks about why the bank supports the shift to accrual accounting and what...
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17 Mar 17
6 March 2017IMF Headquarters, Washington DCOrganised by: International Monetary Fund, World Bank Group, International Public Sector Accounting Standards Board (IPSASB)Supported by: CIPFA and Public...
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16 Mar 17
Chief economist and co-head of sovereign ratings at credit ratings agency DBRS, Fergus McCormick, summarises the rating processes, and how accrual information can help.
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16 Mar 17
Fayez Choudhury, CEO of the International Federation of Accountants, talks about why strong public financial management matters and the barriers to achieving it from an accountancy perspective.
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14 Mar 17
Deputy director of the IMF's Statistics Department Gabriel Quiros explains how and why the IMF is collaborating with IPSASB on accounting standards and the challenges faced in helping countries...
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14 Mar 17
Deputy director of the IMF's Fiscal Affairs Department Chris Towe discusses the role of accrual accounting in fiscal reports and managing the public finances, as well as the value of a seminar such...
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13 Mar 17
Juan Pablo Guerrero, network director of the Global Initiative for Fiscal Transparency, stresses that the public do care about access to high quality fiscal information, and explains what governments...
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13 Mar 17
IPSASB chair Ian Carruthers discusses the purpose of Transparency and Beyond – a seminar on the next steps for accrual accounting organised by IPSASB, the World Bank and the IMF and held at the fund'...
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13 Mar 17
Strengthening the notion of civil service as a vocation in developing countries is critical to building the institutions needed for sound economic governance, an International Monetary Fund official...
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7 Mar 17
Public sector finance chiefs from across the globe have met at a major conference in Washington DC to develop a plan to maintain progress in the adoption of accruals accounting worldwide.
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6 Jan 17
The Greek government’s decision to pay out over €600m to the country’s pensioners in the form of a Christmas bonus shows up the weaknesses of its financial management system
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15 Nov 16
The project to introduce European Public Sector Accounting Standards, a set of harmonised standards across the EU, continues with the current focus on technical issues