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The recent financial and economic crises exposed many corporate governance weaknesses—but, at the same time, they created momentum for change. Effective governance encourages better organizational decision-making, accountability, and robust scrutiny of organizational performance. Accountants are in an excellent position to ensure that governance is integrated into the very DNA of their organizations, which has been identified as critical to its effectiveness. Read More
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This Framework developed by IFAC and CIPFA was created to help improve and encourage effective public sector governance. The Framework encourages better governed and managed public sector organizations by improving decision making and the efficient use of resources.
The Framework encourages better governed and managed public sector organizations by improving decision making and the efficient use of resources.
This statement on the role of the CFO in local government describes the role and the responsibilities of CFOs in local government.
This report highlights the core responsibilities of the CFO role in the public sector, as well as the personal skills and professional standards that are crucial to success in the role.
Sets out a set of principles that can be applied to all public sector financial reporting whether related to budget setting, in-year monitoring, or the annual report.
January 15, 2015 - Financial Reporting Council
January 5, 2015 - IFAC
December 19, 2014 - The Strait Times
December 16, 2014 - Zaywa
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