Thursday, February 25, 2021

ACCA and IFAC to launch PFM global series

Featured

Equality policy: Global policy makers laud SBP’s effort to advance women’s financial inclusion through Banking

In December 2020, the State Bank of Pakistan launched its consultation process with different national and international stakeholders on...

Hungary – First country in the European Union to use Chinese Sinopharm vaccine

Hungary began using the Chinese company "Sinopharm" vaccine against the emerging coronavirus, becoming the first country in the European...

IMF Report: Turkey ranks first in decline of foreign exchange reserves

According to a report issued by the International Monetary Fund (IMF), Turkey ranked first in the world in 2020,...
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]
At a time when public sector spending, government accountability and financial sustainability are in the spotlight, ACCA (the Association of Chartered Certified Accountants) and IFAC (the International Federation of Accountants) are launching a global series that will identify, document and share success stories in public financial management.

- Advertisement -

Strong public financial management processes and systems are essential for effective and efficient delivery of public services, transparent public finances, and trust between government and citizens.

ACCA and IFAC are keen to showcase how such strong systems make a difference when public sector spending is under intense scrutiny.

The series includes videos and written case studies, showcasing stories through their network of global experts. Public sector finance leaders from Tanzania, Australia and Canada have already shared their stories in videos which are available on ACCA’s website.

- Advertisement -

Alex Metcalfe, head of public sector policy at ACCA said: ‘The aim of this research is to answer a number of fundamental questions about how public financial management is working now, and how it can operate in the future.

We want to capture and share real stories of how public financial management improvements have made an immediate difference in the delivery of public services.’ Alta Prinsloo, IFAC Executive Director, added: ‘Strong public financial management impacts citizens and presents an opportunity for tangible change.

Professional accountants have an essential role to play and we must leverage these case studies to continue making progress in the future.” This research collaboration supports IFAC and ACCA’s work to build capacity in the public sector and to strengthen public financial management globally.

 

- Advertisement -
Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]
- Advertisement -

Latest News

Equality policy: Global policy makers laud SBP’s effort to advance women’s financial inclusion through Banking

In December 2020, the State Bank of Pakistan launched its consultation process with different national and international stakeholders on...

Hungary – First country in the European Union to use Chinese Sinopharm vaccine

Hungary began using the Chinese company "Sinopharm" vaccine against the emerging coronavirus, becoming the first country in the European Union to take this step. Hungarian...

IMF Report: Turkey ranks first in decline of foreign exchange reserves

According to a report issued by the International Monetary Fund (IMF), Turkey ranked first in the world in 2020, in terms of a decrease...

Japan witnessing lowest birth and death rates

In a report public report: "As is the case in many countries, the restrictions ofCovid-19 have caused more women to lose their jobs ......

Brandverse and eOcean join hands to boost e-commerce, with the new Chikoo platform

Brandverse and eOcean today announced that they have signed a MoU to work together to maximise the commercial and social impact benefits in enabling...

Related News