Policy Position Papers
Published: Mar 18, 2012
All available Translations
Public Sector Financial Management Transparency and Accountability: The Use of International Public Sector Accounting Standards
Policy Position Paper #4
Governments must implement the necessary institutional arrangements required to enhance public sector financial management transparency and accountability. An integral and essential part of these arrangements is the use of accrual-based accounting—through the adoption and implementation of International Public Sector Accounting Standards (IPSASs), which promote greater transparency and accountability in public sector finances and allows for enhanced monitoring of government debt and liabilities for their true economic implications.
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