2026 MOSAIC Forum examines how AI, enhanced reporting and governance are reshaping public financial management
Global development, accountancy, and public sector leaders gathered yesterday at the World Bank Headquarters in Washington, D.C. for the 2026 MOSAIC Forum under the theme Enhancing Accountability and Transparency for Impact. Leaders examined how artificial intelligence, enhanced reporting and assurance, and evolving expectations for good governance are changing public financial management and the accountancy profession.
Looking ahead, MOSAIC partners are focused on collaborating to ensure that capacity-building efforts keep pace with these developments, helping professional accountancy organizations, public institutions, and professionals build the skills and strong public financial management systems needed to respond effectively.
Lee White, Chief Executive Officer of IFAC, said: “The opportunities discussed at this year’s Forum show how quickly the environment in which the accountancy profession operates is changing. Enhanced reporting, stronger expectations for governance, and the rapid development of artificial intelligence all have significant implications for the profession, our members, and public financial management. Through MOSAIC, IFAC and its development partners can combine expertise, experience and resources to help build the capacity to progress successful outcomes.”
Arturo Herrera Gutiérrez, World Bank Global Director for Governance, said: “Strong financial management systems and capable institutions are essential to effective development. As new technologies and reporting expectations emerge, the ability of governments and the accountancy profession to adapt will become increasingly important. We are glad to host this year’s MOSAIC Forum at our headquarters. MOSAIC provides a valuable foundation for the development, accountancy, and audit communities to work together on these challenges.”
Tsakani Maluleke, Chair of the INTOSAI-Capacity Building Committee, said: “Accountability is not achieved by individual institutions acting in isolation. It is the product of an ecosystem in which governments, oversight institutions, the accountancy profession, academia, and development partners each play a distinct but complementary role. Our collective challenge is therefore not only to strengthen individual capabilities, but to build the institutional relationships and professional pathways that allow accountability systems to remain resilient, relevant, and trusted in a rapidly changing world. Therefore, the responsible adaptation of technology and artificial intelligence must enhance skills developments and help us meet our professionalization aspirations.”
The Forum opened with remarks from White, Gutiérrez, and Maluleke. Speakers represented organizations including the World Bank, IFAC, the Pan African Federation of Accountants, the INTOSAI Development Initiative, IPSASB, AFROSAI-E, CIPFA, and ACCA.
About MOSAIC
MOSAIC, the Memorandum of Understanding to Strengthen Accountancy and Improve Collaboration, was signed in 2011 at the Fourth High Level Forum on Aid Effectiveness in Busan, Korea. It was established in recognition of the complexity of PAO development and the need for greater cooperation among IFAC, international donors and the international development community.
The MOSAIC partners are the African Development Bank, Asian Development Bank, Australian Department of Foreign Affairs and Trade Australia Aid, Finland Ministry of Foreign Affairs – Development Cooperation, Gavi Alliance, Global Fund to Fight AIDS, Tuberculosis and Malaria, Inter-American Development Bank, IFAC, New Zealand Aid Programme, Swedish International Development Cooperation Agency, UK Foreign, Commonwealth and Development Office, US Agency for International Development, and the World Bank.
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 with the Forum of Firms and other key stakeholders to shape the future of the profession through learning, innovation, a collective voice, and commitment to the public interest.