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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.
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27 Mar 18
The European Union has unveiled its strategy to reform the financial system in support of a “greener and cleaner” economy.
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13 Mar 18
Timor-Leste spends the least amount of money on healthcare than any other country in the world, a new map has revealed.
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13 Mar 18
Japan’s prime minister Shinzo Abe and finance minister Taro Aso are under pressure over suspected cover-up of a cronyism scandal.
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20 Feb 18
The Dutch finance ministry has said the country’s tax policies should be further reformed after 72 errors were found in how the government processed tax deals with international companies.
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13 Feb 18
Women in the American public sector earn 10% less than men, an analysis of government documents obtained through freedom of information requests have revealed.
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28 Nov 17
Global economic performance is still weaker than a decade ago and “remains below the pre-crisis period and that of past recoveries”, according to Organisation for Economic Co-operation...