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.

Wednesday, May 21, 2008

Do we need an International Standards Board for Public Accounting?

Mohammed Mohsin Khan, the Controller General of Accunts for the Government of Pakistan, suggests that we need a forum for public sector accounting. We have standards for reporting (IPSAS) and audit (ISSAI), but there is no organization to set standards and practices for “supreme accounting institutions”. Mr. Khan hopes to get your comments on the blog.

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