The Chartered Institute of Public Finance and Accountancy (CIPFA) along with the International Federation of Accountants (IFAC) have announced the launch of an international public sector financial accountability index to provide a global view of public sector financial reporting quality.

The index aims to provide better understanding of accounting and budgeting reform plans, and help stimulate public financial management (PFM) reforms. The output of the index will be a regularly updated country-by-country public database focusing on financial management at the central government level, which will later expand to state and local government level.

Developed as part of the Accountability. Now. initiative with the Zurich University of Applied Sciences (ZHAW) as knowledge partner, the index looks at the extent of accrual accounting and adoption of International Public Sector Accounting Standards (IPSAS).

The first set of data will be made available in November 2017. National standard setters will be invited to review, comment upon, and supplement the information.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.