• Register
Return to: Home > News > CIPFA and IFAC launch public sector financial accountability index

CIPFA and IFAC launch public sector financial accountability index

The Chartered Institute of Public Finance and Accountancy (CIPFA) along with the International Federation of Accountants (IFAC) have announced the launch of an international public sector financial accountability index to provide a global view of public sector financial reporting quality.

The index aims to provide better understanding of accounting and budgeting reform plans, and help stimulate public financial management (PFM) reforms. The output of the index will be a regularly updated country-by-country public database focusing on financial management at the central government level, which will later expand to state and local government level.

Developed as part of the Accountability. Now. initiative with the Zurich University of Applied Sciences (ZHAW) as knowledge partner, the index looks at the extent of accrual accounting and adoption of International Public Sector Accounting Standards (IPSAS).

The first set of data will be made available in November 2017. National standard setters will be invited to review, comment upon, and supplement the information.

Top Content

    UNCTAD/ISAR: corporate reporting to reach the sustainable development goals

    The implications of changes to financial reporting for achieving the Sustainable Development Goals were discussed at the United Nations Intergovernmental Working Group on Accounting and Reporting Standards conference. Vincent Huck reports

    read more

    Highlights from ISAR34: SDGs, integrated reporting, regulation

    How organisations can embed the SDGs and sustainability into their business models and strategies through the integrated reporting was the subject of a panel discussion at ISAR34. Vincent Huck reports

    read more

    Integrated reporting: financial capital providers first

    The Accountant caught up with International Integrated Reporting Council managing director for global implementation Neil Stevenson at ISAR34. He explains why integrated reporting is for providers of financial capital first and foremost and where it is heading. Interview by Vincent Huck

    read more

    Management Accounting: Yesterday, today and tomorrow

    Andrew Harding, chief executive, management accounting, at the Association of International Certified Professional Accountants met The Accountant to discuss the new association formed by the AICPA and CIMA, partnership as well as trends in management accounting and where it is heading. Interview by Vincent Huck

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.