Governments Must Clear the Fiscal Fog

Gerhard Steger, Director General, Budget and Public Finance, Austria | October 2, 2016 |

Governments need to foster a true and fair view of their entire financial status, which require International Public Sector Accounting Standards, says Gerhard Steger, Director General, Budget and Public Finance, Austria. A balance sheet, operating statements, and cash-flow statements are also essential for sound public sector financial decision making.

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