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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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9 Nov 17
Penny Mordaunt will join the UK cabinet as the new secretary of state for international development, following the resignation of Priti Patel.
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9 Nov 17
Accountants from across the globe consider grant misspending to be the top public sector fraud risk, according to research co-released by CIPFA today.
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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
Uganda’s overall fiscal deficit has widened and the government is increasingly in financial need because of difficulties in getting its budget passed, the International Monetary Fund has said....
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6 Nov 17
World leaders have come under pressure to address tax avoidance as leaked documents revealed global official figures and businesses have invested their wealth offshore.
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2 Nov 17
Bangladesh’s public finances were already suffering because of poor economic management, political crises and corruption, when it took on the cost of its huge support to Rohingya refugees....
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30 Oct 17
The Malaysian prime minister announced a $280bn ringgit ($66bn) spending plan for the final budget before elections take place within the next 10 months.
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25 Oct 17
The Ukraine government plans to increase health spending by 12% next year following attempts to crack down on corruption in hospitals and surgeries, Reuters has reported.
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24 Oct 17
Japan will make education and childcare a priority over fiscal reforms, the prime minister said after winning a new mandate this weekend.
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20 Oct 17
New Zealand’s new Labour-led government has pledged to reject proposed tax cuts and reinvest the money into “core” public services.
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19 Oct 17
Technology is the “way forward” in the fight against corruption in Africa, the president of Mauritius has said.
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19 Oct 17
South Africa’s currency weakened shortly after the president announced on Tuesday another surprise cabinet reshuffle.
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13 Oct 17
Rich countries could raise their top rate of tax without damaging growth, the head of the IMF has said.
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11 Oct 17
Public-private partnerships are too expensive, high risk and “encourage corruption and bad decision-making”, civil society organisations said as they launched a campaign to stop their...
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4 Oct 17
The European Commission has proposed new reforms to crack down on VAT fraud and ensure a more robust and simpler system for governments and companies.
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4 Oct 17
European Union plans to introduce a common railway signalling system across the bloc is running behind schedule and the implementation target could be missed, auditors have warned.
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2 Oct 17
The United Arab Emirates’ new excise tax came into effect yesterday, with tobacco and energy drinks taxed at 100% and soft drinks at 50%.
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29 Sep 17
Governments in Europe and the EU continue to subsidise and finance fossil fuels, such as oil, gas and coal, despite their commitment to climate change and the Paris Agreement, the Overseas...
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29 Sep 17
A eurozone finance minister and a joint eurozone budget could be features of the European Union under plans being considered by the leaders of France and Germany.
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29 Sep 17
From Barcelona to Hamburg, senior city executives are coming together in Europe’s City Economic and Financial Governance Group to share learning and examine common public finance issues
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29 Sep 17
It will be a case of one small step interspersed with the occasional burst of rapid progress for new chief finance officers getting to grips with complicated environments, says CIPFA's Claire Lake....
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28 Sep 17
Thailand’s ousted prime minister Yingluck Shinawatra was yesterday sentenced to five years in jail over mishandling a rice subsidy scheme which reportedly cost the country at least $8bn.
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28 Sep 17
German finance minister Wolfgang Schäuble will be the new president of the Bundestag (Germany’s parliament), according to German media.
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27 Sep 17
Problems at a mine have highlighted issues with the European Investment Bank’s accountability – and this is set to be weakened further