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30 Oct 18
Nigerian states are lagging behind in the adoption of international accounting standards, the country’s accountant general has warned.
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25 Oct 18
International public finance expert Manj Kalar explains why it is important to look at public sector balance sheets to get a full picture of government accounts.
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19 Oct 18
Malaysia will shift to accrual accounting within the next three years as part of reforms to stop the “excesses of the past”.
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17 Oct 18
Although 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...
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11 Oct 18
It’s encouraging to see the IMF recognise the balance sheet’s role in fiscal management. Accounting’s contribution in generating the necessary information should also be acknowledged, says Ian Ball,...
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9 Oct 18
Malta’s audit office has launched a five-year strategy focused on improving governance across the public sector – a first since the institution became independent 20 years ago.
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8 Oct 18
The European Union should be realistic with the spending promises it makes in the next budget period of 2021 to 2027, auditors have warned.
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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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1 Oct 18
Audit reports can be used as a tool to enhance accountability and tackle corruption if governments take their recommendations seriously, according to a senior policy analyst.
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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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11 Sep 18
Inadequate action to curb air pollution in the European Union is incurring hundreds of billions of euros in health-related costs, auditors have warned.
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29 Aug 18
Vladimir Putin has watered down his controversial pension reforms as he suffers his lowest approval ratings for four years.
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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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15 Aug 18
Ghana’s auditor general has slammed an economic crime agency after it kept more than one million Ghanaian cedi recovered from individuals and organisations.
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13 Aug 18
Stakeholders may not always understand financial reporting but this could be improved by taking a leaf out of the book of organisations such as Windows, which made IT much more accessible with...
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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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6 Aug 18
The ruler of Dubai has said the results of a government employee satisfaction survey are “unacceptable” and must be improved within six months.
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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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24 Jul 18
Public sector accountants are in the front line of the battle against corruption, a global accountancy body spearheading a new anti-graft initiative has told PF International.
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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.