Accruals-based accounting
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17 Jun 21Public bodies in more than half the world will undertake financial reporting on an accrual basis, according to new research. -
19 Oct 18Malaysia will shift to accrual accounting within the next three years as part of reforms to stop the “excesses of the past”. -
17 Oct 18Although 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... -
6 Jan 17The 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 -
8 Nov 16Governments need to adopt international accounting standards so citizens know what they are getting for their tax payments. And auditors need to be able to tell it like it is and provide a longer-... -
8 Dec 15China has made good progress in implementing accrual accounting, but big challenges remain. -
27 Oct 15Improved management of public finances is fundamental to international development and poverty reduction, the president of CIPFA has told an international accounting conference in Kuala Lumpur. -
19 May 15Greece’s decision to adopt International Public Sector Accounting Standards is significant and very welcome. The next challenge is one of implementation – the task requires excellent...
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