Public sector finance professionals have a key role in promoting whistleblowing to build public trust, according to an Association of Chartered Certified Accountants (ACCA) report.

The 2013 report, Setting high professional standards for public services around the world, calls for finance professionals to promote whistleblowing laws and policies, and the development of anti-corruption cultures and processes.

The ACCA report said "a single action that finance professionals can take is to promote the importance and adoption of whistleblowing legislation and policies with governments around the world."

This should be done alongside work with fellow stakeholders to eradicate malpractice through education, improving fraud-awareness and forensic accounting training. It also called for separation of accounting and auditing functions within all governments, which currently doesn’t exist in some countries, impairing transparency and accountability.

ACCA public sector department head Gillian Fawcett said it was "critical" for professionals to "feel able to speak out about genuine concerns" without fearing "serious repercussions"

"In the UK, a range of scandals, including in the health, social care and police sectors, would never have come to light unless public sector staff had felt able to raise concerns," Fawcett explained.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData

Tick here to opt out of curated industry news, reports, and event updates from The Accountant.

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

"A proper scrutiny of accounts by an independent and strong audit function is critical if the public is to be re assured that money is being spent wisely and that the organisation represents value for money."