IFAC Global Knowledge Gateway

Global Knowledge Gateway

Your Portal to Global Accountancy Knowledge, Resources, and News

 
 

Beyond Enhanced Reporting—The Next Step in Public Sector Financial Management
by Ken Warren, Chief Accounting Advisor, Treasury of the Government of New Zealand | September 16, 2014

In recent years, there has been a belated recognition that government financial information is insufficient. Indeed, the recent sovereign fiscal crises and the increasing realization that government welfare commitments, if not well managed, can outstrip those governments’ ability to tax, have led to an increased urgency for a richer suite of financial information. To properly report on public finances, all the obligations of governments, and their movements, need to be reported. 

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Recent Viewpoints

Making Financial Reporting Better: Strengthening the Financial Reporting Supply Chain
by Fayez Choudhury, CEO, IFAC | September 2, 2014

Is it sufficient to wait until the next financial crisis hits and ask only: "where were the auditors?"

Issuing a Challenge to the Profession: Preparing Today’s and Tomorrow’s Educators and Researchers in Emerging Economies
by Professor Katherine Schipper, Thomas F. Keller Professor of Accounting, Duke University, and Professor Donna Street, Mahrt Chair in Accounting, University of Dayton | August 19, 2014

Scholars in emerging economies begin their careers as accounting educators and researchers with excitement and high aspirations. They eagerly accept the challenge of educating future generations of accounting professionals in developing countries.

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