ICGFM Promotes Knowledge Transfer Among Public Financial Management Experts

Working globally with governments, organizations, and individuals, the International Consortium on Governmental Financial Management is dedicated to improving financial management by providing opportunities for professional development and information exchange.

Monday, May 19, 2008

Accountability and EU Accession

Dr. Arpád Kovács, President of the Hungarian State Audit Office, said that the new members of the European Union faced the similar and complex problems in financial management at the ICGFM conference. These includes problems in the lack of credible budgets and transparency. Growing globalization has drawn governments to modernize in order to support economic growth. This helps to converge economic development with public finances.

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