The International Federation of Accountants (IFAC) and the Chartered Institute of Public Finance and Accountancy (CIPFA) released the 2026 Edition of the International Framework: Good Governance in the Public Sector.
Good governance ensures that public sector entities define and achieve their intended outcomes while acting in the public interest at all times. It enables them to serve with integrity, transparency, and accountability, building trust in public institutions and reducing the risk of fraud and corruption. Grounded in clear values, proportionate controls, and respect for the rule of law, good governance supports inclusive engagement, informed decisions, and the efficient and effective use of public resources.
The 2026 Edition updates the original 2014 Framework to reflect developments over the past decade and ensure its continued relevance in today’s environment, including progress in sustainability reporting. The Framework remains principles-based and structured around seven high-level, interrelated principles for good governance, designed to apply to all entities in the public sector.
Lee White, IFAC Chief Executive Officer, said: “The Framework reaffirms that good governance enables public sector entities to deliver meaningful outcomes for current citizens while protecting the interests of future generations. By providing a globally recognized benchmark, it supports IFAC members in advancing high-quality practices and strengthening trust in public institutions worldwide."
Owen Mapley, CIPFA Chief Executive Officer, said: “The 2026 Edition maintains the Framework’s clear focus on principles, but presents them in a more concise, practical, and action-oriented format. It provides governments and public sector leaders with an adaptable and accessible tool to support improvement and accountability.”
Each of the seven principles is accompanied by a set of questions designed to prompt critical thinking and meaningful discussion among leadership teams. The Framework is intended as a diagnostic and developmental tool to support entities, reviewers, and advisors in assessing governance practices, identifying areas of strength, and planning improvements. It complements jurisdictional or sectoral governance codes, serving as a useful reference to those developing, updating, or reviewing such codes.
The updated Framework will be utilized in community discussions around the globe and explored in depth at a global webinar May 6, 2026 at 13:00 UTC. Register now for From Principles to Practice: The 2026 Framework for Good Governance in the Public Sector.
Download the 2026 Edition of the International Framework: Good Governance in the Public Sector.
About IFAC
IFAC, by connecting and uniting its members, makes the accountancy profession truly global.
IFAC member organizations are champions of integrity and professional quality, and proudly carry their membership as a badge of international recognition.
IFAC and its members work together to shape the future of the profession through learning, innovation, a collective voice, and commitment to the public interest.
About CIPFA
The Chartered Institute of Public Finance and Accountancy (CIPFA) is the professional body for people in public finance, promoting excellence in public financial management and governance worldwide.