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.

Friday, May 21, 2010

Last Day of 24th Annual ICGFM Conference


Conference Co-Chair David Nummy introduced the final day of the 24th Annual Conference with additional surveys about public financial management. An ICGFM attendee survey found the following:

  • 92% of attendees say their countries have embarked on improving transparency
  • 82% of attendees say that their countries have adopted international public sector standards to improve transparency
  • IPSAS and GFS are the 2 most adopted international standards for #transparency
  • 14% of countries represented have adopted XBRL
  • Of those from countries that have not adopted XBRL 21% expect to adopt it, 2/3 interested
The International Consortium on Governmental Financial Management conducts numerous surveys to identify the state of public financial management and transparency around the world.

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