Supporting International Standards
Is Cash Still King? Maximising the Benefits of Accrual Information in the Public Sector
IFAC
Feb 26, 2020 | Surveys & Reports
English
The foundation of good decision making is having the right information, especially financial information. There is a global transition underway, where governments are moving from a cash to an accrual basis for their financial reporting. This report offers lessons learned from jurisdictions that have implemented accruals, with the intention that this global transition to accruals creates real value and is more than a compliance exercise.
Copyright © 2021 The International Federation of Accountants (IFAC). All rights reserved.
Related Resources
- Accountancy Skills Evolution: Impact of COVID-19 & the Path Forward
- Accountants Supporting Sustainable Recovery
- Accountants' Role in Economic Development
- How IFAC Creates Values
- Moving Forward, Together: G20 Call to Action 2020