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8 Jul 19
New Zealand’s bold shift to accruals accounting was just the start of what has been a groundbreaking transformation. Victor Smart reports.
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18 Mar 19
For the implementation of accrual-based accounting standards and public financial management reforms to be successful long term they must have political backing, public finance experts have said.
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4 Dec 18
Attracting accountants to the public sector is one of Malta’s biggest challenges as it shifts to an accrual-based financial reporting system, the director of government accounts has told PF...
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27 Nov 18
The move to accrual accounting by the world’s most powerful economies could put “healthy” peer pressure on others to follow suit, the global accountancy body has said.
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5 Nov 18
The new Malaysian government has allocated 227.5m ringgit ($54.39) to increase the number of accountants in the country, in its budget last week.
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4 Nov 18
Almost two thirds of governments around the world will shift to accrual-based accounting within the next five years, CIPFA and the International Federation of Accountants have predicted.
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19 Oct 18
Malaysia will shift to accrual accounting within the next three years as part of reforms to stop the “excesses of the past”.
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17 Oct 18
Although most countries are united in the desire to shift to accrual accounting, many fail in their aim. But there are some simple ways to keep the process on track, says international public...
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11 Oct 18
It’s encouraging to see the IMF recognise the balance sheet’s role in fiscal management. Accounting’s contribution in generating the necessary information should also be acknowledged, says Ian Ball,...
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25 Jun 18
Public sector accountants play a “vital role” in pressuring governments around the world to reform their financial management systems amid global challenges, CIPFA’s president has said.
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4 May 18
Indian Railways – one of the biggest public sector employers in the world – is starting a move to implement accruals as part of a major reform of its accounting system.
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3 Apr 18
Attendees at an IPSASB roundtable in Brussels questioned the addition of accounting for natural resources as a priority for the standard setter’s work from 2019 to 2023.
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22 Mar 18
The government of Zimbabwe has reaffirmed its commitment to implementing as accruals based accounting system to enhance transparency and accountability.
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6 Feb 18
The International Public Sector Accounting Standards Board is seeking views on its draft strategy and work plan for the period 2019-23.
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17 Nov 17
The EU’s member states should suspend the rollout of harmonised public sector accounting standards across the bloc and plough the money saved back into budgets, German auditors have said.
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10 Nov 17
The international standard for cash basis accounting has been revised to make the transition to accruals more “achievable”, the International Public Sector Accounting Standards Board has...
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7 Nov 17
An international accounting standard has finally been released for consultation after 15 years but - in a first - an alternative view has been included.
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25 Sep 17
Since the New Zealand government blazed a trail by shifting to accruals accounting in 1992, it has been taking off in the public sector across the world.
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25 Sep 17
China’s new accounting rules – the basic principles – introduce an accruals system and allow performance to be compared throughout the public sector
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22 Sep 17
Conviction and perseverance are needed to move to an accruals-based accounting system, Malta’s finance minister and former accountant general have told PF.
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25 Aug 17
Indonesia’s finance minister Sri Mulyani Indrawati has received recommendations from the country’s budget committee aimed at improving the draft bill on accountability of the state budget.
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15 Aug 17
Malta’s ministry of finance is working towards introducing accrual accounting to all government departments over the next two and a half years.
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19 Jun 17
The International Federation of Accountants has reiterated its call for better governance and public financial management to make it on to the G20’s agenda.
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4 May 17
Patchy transparency in Brazil has compromised the effectiveness of the country’s fiscal policies, according to the International Monetary Fund.
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4 Apr 17
Almost all Caribbean nations have adopted IPSAS or are in the process of doing so, according to a recent study.
8 Jul 19New Zealand’s bold shift to accruals accounting was just the start of what has been a groundbreaking transformation. Victor Smart reports.
18 Mar 19For the implementation of accrual-based accounting standards and public financial management reforms to be successful long term they must have political backing, public finance experts have said.
4 Dec 18Attracting accountants to the public sector is one of Malta’s biggest challenges as it shifts to an accrual-based financial reporting system, the director of government accounts has told PF...
27 Nov 18The move to accrual accounting by the world’s most powerful economies could put “healthy” peer pressure on others to follow suit, the global accountancy body has said.
5 Nov 18The new Malaysian government has allocated 227.5m ringgit ($54.39) to increase the number of accountants in the country, in its budget last week.
11 Oct 18It’s encouraging to see the IMF recognise the balance sheet’s role in fiscal management. Accounting’s contribution in generating the necessary information should also be acknowledged, says Ian Ball,...
25 Jun 18Public sector accountants play a “vital role” in pressuring governments around the world to reform their financial management systems amid global challenges, CIPFA’s president has said.
4 May 18Indian Railways – one of the biggest public sector employers in the world – is starting a move to implement accruals as part of a major reform of its accounting system.
3 Apr 18Attendees at an IPSASB roundtable in Brussels questioned the addition of accounting for natural resources as a priority for the standard setter’s work from 2019 to 2023.
22 Mar 18The government of Zimbabwe has reaffirmed its commitment to implementing as accruals based accounting system to enhance transparency and accountability.
6 Feb 18The International Public Sector Accounting Standards Board is seeking views on its draft strategy and work plan for the period 2019-23.
17 Nov 17The EU’s member states should suspend the rollout of harmonised public sector accounting standards across the bloc and plough the money saved back into budgets, German auditors have said.
25 Sep 17China’s new accounting rules – the basic principles – introduce an accruals system and allow performance to be compared throughout the public sector
22 Sep 17Conviction and perseverance are needed to move to an accruals-based accounting system, Malta’s finance minister and former accountant general have told PF.
25 Aug 17Indonesia’s finance minister Sri Mulyani Indrawati has received recommendations from the country’s budget committee aimed at improving the draft bill on accountability of the state budget.
15 Aug 17Malta’s ministry of finance is working towards introducing accrual accounting to all government departments over the next two and a half years.
19 Jun 17The International Federation of Accountants has reiterated its call for better governance and public financial management to make it on to the G20’s agenda.
4 Apr 17Almost all Caribbean nations have adopted IPSAS or are in the process of doing so, according to a recent study.
