Supporting International Standards

Accountability. Now. Explained

Brochure Explains Campaign for Enhanced Public Financial Reporting, Sound Decision Making, and Accountability

IFAC
Oct 07, 2015 | Guidance & Support Tools, Surveys & Reports
English

Transparency and accountability require robust financial information.

Governments around the world are entrusted by their populations to manage their financial resources in a sensible and cost-effective way. They collect revenues, largely through taxation, and in return are expected to deliver a wide range of public services such as education, health, infrastructure and social transfers for the benefit of current and future generations.

Accountability. Now. is a campaign for higher standards of public sector information around the world. Its role is to provide the catalyst for change. It challenges governments to recognize the importance of working toward financial reporting that meets international standards.

The campaign includes the following initiatives:

  • Building a global coalition – bringing together organizations that support the objective of improving transparency and accountability in the public sector
  • Raising awareness – reinforcing the benefits of sound financial reporting to governments unconvinced of the need for change
  • Developing partnerships to effect change – bringing together key actors in the public sector community to take action to improve financial information in the public sector
  • Building capacity at a country level – through engagement with local accountancy organizations, helping to develop a pipeline of well-trained professional accountants to work with government organizations in order to bring about the change that is required.
     

JOIN US ON THE JOURNEY TO ACCOUNTABILITY. NOW.

Our goal is to support governments around the world in making better decisions and becoming more transparent and accountable. Enhanced public financial reporting is essential to address the problems highlighted by global economic and fiscal crises. It informs government policy and helps to make public services—and economies—more sustainable and resilient over the long term. By adding your voice to ours, we can encourage governments around the world to enhance their financial reporting for the benefit of their citizens.



 

Copyright © 2023 The International Federation of Accountants (IFAC). All rights reserved.

 

Related Resources

 
 

Get the latest updates delivered to your inbox

Subscribe now

 
 

LOOKING FOR BOARD STANDARDS?

View Boards Site

 

Translations & Permissions

Looking to reproduce the standards for your members? Want to include IFAC's publications in your training materials or university course? Learn how we can help.

IP permissions and policies

Primary tabs

Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.

Agree