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21 Oct 15
Public finance professionals face huge challenges worldwide. But there are also good reasons to be optimistic about aiming for ambitious goals
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19 Oct 15
Interest is growing in developing international standards for financial reporting by not-for-profit bodies. The merits of an international not-for-profit reporting framework were examined at a recent...
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11 Oct 15
The sovereign debt crisis has not gone away. And, as markets become more turbulent, only reform of global financial governance will cast light on governments’ true performance
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6 Oct 15
Read the Autumn 2015 edition of PFI Magazine, featuring interviews with the World Bank’s Arunma Oteh and newly appointed IPSASB chair Ian Carruthers, plus a cover feature examining the finances of...
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6 Oct 15
Governance improvements across the African continent continue to stall, according to the 2015 Ibrahim Index of African Governance.
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5 Oct 15
The Organisation for Economic Co-operation and Development has overhauled the international rules governing the taxation of company profits. These revised rules are expected to be adopted by leaders...
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5 Oct 15
There is a need for a framework for more consistent financial reporting for not-for-profit organisations working across the globe.
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30 Sep 15
Ian Carruthers takes the helm at the Toronto-based IPSASB in the new year. He’s got big plans for raising public financial management standards worldwide
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25 Sep 15
A round-up of recent public finance stories from the Europe you might have missed.
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18 Sep 15
A round-up of public finance news stories from Europe you might have missed.
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15 Sep 15
The European Court of Auditors has criticised “persistent problems” in the way public authorities across the European Union contract out work, warning that if improvements are not made by...
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14 Sep 15
Ian Carruthers, executive director for policy and standards at CIPFA, has been appointed chair of the International Public Sector Accounting Standards Board.
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11 Sep 15
The World Bank is funding a $50m programme for Kenya’s statistics bureau to help it improve the quality of the data it produces to support policymaking.
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24 Aug 15
The EPSAS train has pulled out of the station. But how long before it reaches the destination of harmonised public sector accounting standards across 28 EU member states?
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20 Aug 15
CIPFA and the Botho University in Botswana have launched a public financial management training qualification for accountancy students studying in the southern African country.
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14 Aug 15
Nigeria is to start to implement international public sector accounting standards (IPSAS) in January 2016, according to the country's accountant-general Ahmed Idris.
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11 Aug 15
Greece and its creditors have agreed the substance of a multi-billion bailout deal to avert bankruptcy and keep the country in the eurozone, according to Greece’s finance minister Euclid...
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11 Aug 15
The Asian Development Bank is to lend $27.5m to Nepal, which the country will use for budget support to help it recover from its two devastating earthquakes.
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10 Aug 15
The UK has launched a specialist unit, backed with funding worth £21m, to investigate cases of international corruption across the developing world.
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6 Aug 15
Ghana and the UK today confirmed a deal to automatically exchange tax data on citizens by 2018, helping the west African nation clamp down on tax evaders and raise extra revenue for public services...
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5 Aug 15
Can the adoption of international accounting standards change the world’s view of Greek debt?
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3 Aug 15
The British Virgin Islands had the highest rate of tax compliance out of 12 countries reviewed by the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes.
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30 Jul 15
The International Public Sector Accounting Standards Board has launched a consultation on the creation of the new accounting standard on social and welfare spending.
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24 Jul 15
US & Canada round-up: Canadian government facing $1bn deficit, and more
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21 Jul 15
As the guardians of good governance, auditors need to show that they too are efficient, effective and transparent. We need to move away from paper and embrace technology.