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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
South Africa has launched an online budget data portal to make information more accessible ahead of the finance minister’s budget speech on Wednesday.
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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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8 Feb 18
South Africa’s budget speech should still go ahead on 21 February, despite the president’s state of the nation address being postponed, the parliament has said.
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8 Feb 18
The International Public Sector Accounting Standards Board is asking for feedback on proposed updates to its requirements for lease accounting.
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6 Feb 18
The International Public Sector Accounting Standards Board is seeking views on its draft strategy and work plan for the period 2019-23.
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31 Jan 18
CIPFA has signed a memorandum of understanding with the Institute of Chartered Accountants of Nepal to help boost public financial management in the Asian country.
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30 Jan 18
Efforts to make budgets more transparent have stalled for the first time in a decade, a survey by the International Budget Partnership has found.
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29 Jan 18
The Pakistani government has introduced public sector auditing reforms to align its accounting procedures with international standards.
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23 Jan 18
Global growth could see a short-term boost as a result of US tax policy changes attracting corporate investments, the International Monetary Fund has said.
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4 Jan 18
The Catalan independence crisis has likely cost Spain a billion euros, according to the country’s economy minister.
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7 Dec 17
The prime minister of Bahamas has announced plans to fully switch to accrual-based accounting, claiming that the current accounting system is “woefully lacking” when it comes to providing an overview...
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6 Dec 17
The European Council has published its ‘blacklist’ of 17 countries classified as tax havens, which could lose access to funds from the bloc.
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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...
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28 Nov 17
Portugal’s parliament has approved the 2018 budget that seeks to trim the deficit, six weeks after it was first presented to lawmakers.
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17 Nov 17
Japan’s economy has experienced the longest period of uninterrupted growth in more than a decade, with faster growth than expected in the third quarter.
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17 Nov 17
Russia has agreed to a $3.15bn restructuring deal of Venezuela’s debt over a 10-year period, Russia’s Finance Ministry said on Wednesday.
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17 Nov 17
The EU’s member states should suspend the rollout of harmonised public sector accounting standards across the bloc and plough the money saved back into budgets, German auditors have said.
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14 Nov 17
European economies are recovering but governments should “prepare for a rainy day”, the International Monetary Fund has said.
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14 Nov 17
Venezuela has been declared in default after missing interest payments on its $60bn bond debt.
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10 Nov 17
The international standard for cash basis accounting has been revised to make the transition to accruals more “achievable”, the International Public Sector Accounting Standards Board has...
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8 Nov 17
The UK government should take action to increase transparency and tackle tax dodging, which is costing the world’s poorest regions $170bn every year, Oxfam has said.
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7 Nov 17
An international accounting standard has finally been released for consultation after 15 years but - in a first - an alternative view has been included.
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6 Nov 17
IMF is “too gloomy” in its economic outlook for sub-Saharan Africa, an economist at the Overseas Development Institute has said.
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6 Nov 17
Modernising the nuclear arsenal could cost the US more than $1.2trn over the next 30 years, an independent report by the Congressional Budget Office has said.