Contributing to the Global Economy
Public Financial Management: Collaborating in the Public Interest
Darlene Nzorubara, Laura Leka | February 16, 2022
Supporting public financial management (PFM) is a priority area for IFAC. It features as one of the two key actions in IFAC’s G20 Call to Action, and other advocacy efforts, including a ‘Point of View,’ on Greater Transparency and Accountability in the Public Sector. PFM was also the focus of a session during the annual IFAC Council meeting, which convened the executive leaders from IFAC’s 180 member and associate organizations across 135 countries and jurisdictions.
Helping to strengthen PFM globally is a significant opportunity for professional accountancy organizations (PAOs) to advance our profession’s public interest mandate, but it requires collaboration. This was a message that resonated throughout the council session, which brought together the perspectives from different key stakeholders. Participants heard a case study from Rwanda, and views from development partners the World Bank, Gavi, and The Global Fund.
These articles summarize the key messages from the session.
February 16, 2022 | Adda Faye, Chief Financial Officer, The Global Fund & Assietou Sylla Diouf, Managing Director of Finance & Operations, GAVI
February 16, 2022 | Ed Olowo-Okere, Global Director, Governance Global Practice, The World Bank
Contributing to the Global Economy
Driving PFM Reform in Rwanda: The Role of the Accountancy Profession
February 16, 2022 | Obadiah Biraro, the outgoing Auditor General of Rwanda & Amin Miramago, CEO, Institute of Certified Public Accountants of Rwanda (ICPAR)
Darlene Nzorubara is a senior technical manager on IFAC’s Quality and Development team, having joined IFAC in April 2011. In her time at IFAC, she has managed compliance and membership activities and currently supports the PAO Capacity Building Program and MOSAIC (Memorandum of Understanding to Strengthen Accountancy and Improve Collaboration) Steering Committee. These roles have helped her gain insights into development challenges experienced by PAOs in low-income nations. Before joining IFAC, Darlene was a governance research assistant at Baruch College in New York and a legal assistant for a law firm in Paris, France. Darlene has post-graduate degrees in international economic law and business and exportation law from Université René Descartes – Paris V along with a Master in International Financial Affairs from EHEI and a Master in Public Administration from Baruch College. See more by Darlene Nzorubara
Principal, IFAC
Laura Leka is a Principal in IFAC's thought leadership team, focusing on initiatives in support of finance and accounting professionals working in business and the public sector. She was previously an Audit Manager at Grant Thornton, specializing in public sector audit in the UK, and prior to that worked for the Audit Commission. She also spent a year on secondment to the International Integrated Reporting Council (IIRC), where she was responsible for managing their public sector and business network programs. Laura is a member of the Chartered Institute of Public Finance and Accountancy (CIPFA), and holds a Bachelor of Science (Hons) degree in Mathematical Physics from the University of Nottingham (UK). See more by Laura Leka
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