Author Topic: Achieving more sustainable public finances through public sector accounting  (Read 364 times)

atseacliff

  • PFM Member
  • *
  • Posts: 99

A ICEAW publication, prepared with PwC support; this short document aims to "enhance understanding of the specific challenges of achieving sustainable public finances amongst policy makers and stakeholders engaged in the highly topical EU debate on how to move forward public sector accounting and financial management in Europe".  The document is short and easy to read.  Few could surely argue with the points raised although number 5 (the cost of not reforming is higher than the cost of reform") is one area which, in my opinion needs more empirical data.  My conclusion - well worth investing 20 minutes to read.

John Short

  • Global Moderator
  • PFM Member
  • *****
  • Posts: 558
Interesting - but it would have been nice to see some explicit mention of budget formulation in Point 7 - if only to make the link with execution and accounting - if it is rubbish in, it tends to be rubbish out!

atseacliff

  • PFM Member
  • *
  • Posts: 99
Well yes indeed - does that also open up a debate on the merits of accrual budgeting? 

 

RSS | Mobile

© 2002-2024 Taperssection.com
Powered by SMF