Towards a new era in government accounting and reporting

The global financial crisis and the subsequent sovereign debt crisis have brought to light that the lack of transparency in public finances and poor public finance management may put at risk governments’ ability to service large public debts and meet their welfare commitments and other public service delivery objectives. There is now growing recognition of the importance of appropriate accounting and financial management in the public sector as a key means of achieving sustainable public finances. Governments need to step up and adopt sound and transparent accounting and reporting rules, as part of the democratic accountability process and the wider public finance management.

Follow the below link to read the entire survey document:

https://www.pwc.be/en/publications/pdf/global_ipsas_survey_2015.pdf

Public Sector Accounting Workshop Collaboration with PwC

Shasat and PwC are pleased to announce their joint agreement to offer International Public Sector Accounting Standards (IPSAS) training workshops. According to Patrice Schumesch, PwC global public finance & accounting partner and chair of PwC’s IPSAS technical working group. “While the global move toward IPSAS is accelerating, building capabilities remains a challenge. We want to address this challenge and share with public sector professionals our extensive practical experience in helping governments and international organisations implement and apply IPSAS. We are pleased to join forces with Shasat for this initiative with the objective to offer training of the highest quality. IPSAS Immersion Workshop