-
25 Jun 24
The lead US regulator alerts on greenwash investing and warns AI will increase them
-
31 May 24
The drive to publish the first ever international accounting guidance for non-profit organisations has taken a significant step forward with the launch of a final consultation.
-
14 Nov 23
The European Union’s executive often takes a kinder view of what it achieves through its budget than the bloc’s spending watchdog, the latter has said.
-
21 Sep 23
Are supreme audit institutions the catalyst needed to boost sustainability reporting? Yes, writes CIPFA’s Nina Johansson.
-
5 Sep 23
Nations must be prepared to adopt policies to safeguard financial markets as high interest rates and slow growth could lead to rising arrears, the global fiscal watchdog has warned.
-
4 Apr 23
The struggling South African state-owned power company Eskom will not have to disclose irregular spending in its annual financial statements, because the government fears the negative impact of...
-
30 Sep 22
The international standard-setter on public sector sustainability is moving forward with plans for new guidance.
-
5 Aug 22
Amid rising interest in sustainable investing, IPSASB has launched a global consultation on public sector sustainability reporting.
-
10 May 22
The International Public Sector Accounting Standards Board has launched a consultation aimed at producing a global set of standards for sustainability reporting by government bodies.
-
3 Mar 22
The benefit of federal Covid-19 aid in New York is unclear because authorities have “no reporting on outcomes”, the city’s comptroller has warned.
-
15 Feb 22
While it might be tempting to think adopting international accounting standards might lead to growth, the experience of some African countries suggests that might be optimistic, argues senior...
-
15 Dec 21
The auditor general of New South Wales in Australia has said she will not sign off on the state’s 2020-21 financial report while “significant accounting issues” relating to a state-owned company...
-
26 Oct 21
Cultural resistance and poor-quality financial data present hurdles to achieving real-time auditing of public spending.
-
15 Oct 21
Building on existing accounting standards is the best way to spur public sector sustainability reporting.
-
21 Sep 21
A bewildering array of standards is hampering public bodies’ efforts to match private sector sustainability reporting.
-
7 Sep 21
From Chinese provinces to Dutch dairy pastures, a new accounting approach is helping put a monetary value on green policy measures.
-
23 Aug 21
An influential committee has urged the Government Pension Fund of Norway to push firms it invests in towards zero emissions to help combat climate change.
-
8 Jul 21
With the climate crisis now sitting at the top of political and economic agendas, the public sector must move more quickly on adopting sustainability reporting frameworks, Public Finance Live 2021...
-
7 Jul 21
Cote D’Ivoire has been assigned a BB- credit rating by ratings agency Standard and Poor’s, reflecting increased growth potential and continued economic reforms.
-
18 May 21
Covid-19 pushed France’s social security system to its biggest ever deficit in 2020 as health insurance costs shot up and revenues fell, the state spending watchdog has found.
-
23 Apr 21
The European Commission has a poor understanding of the value for money provided by its expensive space programmes due to flawed methodology, according to the European Union’s spending watchdog.
-
15 Mar 21
The United Nations Statistical Commission has adopted a framework for accounting for the value of nature when measuring the economy.
-
12 Nov 20
Supreme audit institutions face huge pressure to ensure government spending advances the public interest and aids progress of countries’ development, and need help to make their oversight full and...
-
10 Nov 20
EU spending was impacted by too many errors, particularly in high-risk areas, the European Court of Auditors’ annual report for the 2019 financial year found.
-
11 Aug 20
Accounting standards are changing all the time, and new ones are being released frequently. Here’s how to think through the impact on your organisation and prepare well using a three-stage approach.