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.

Showing posts with label survey. Show all posts
Showing posts with label survey. Show all posts

Wednesday, December 8, 2010

ICGFM Public Financial Management Polls

The International Consortium on Governmental Financial Management conducts polls during conferences. The 2010 Winter Conference focused on transparency and international public sector standards.

Public Financial Management Responses to an Economically Challenging World

Jason Levergood, Senior Manager at Grant Thornton LLP, provided an overview of the ICGFM Worldwide Survey, Public Financial Management Responses to an Economically Challenging World on December 7th. at the ICGFM Winter Conference. Public financial managements from over 50 countries were surveyed in 2010.

The survey found that the financial crisis and stimulus packages have had significant impact on public financial managers. Yet, in this environment of doing more with less, governments have accelerated reforms including support for international standards and improvements in transparency.

Mr. Levergood described the survey results for stimulus programs, use of public private partnerships (PPPs), infrastructure investment and increasing transparency. 76% of respondents said that their countries have made or renewed a strong commitment to public fianncial management transparency. 80% of respondents said that their countries are adopting international standards. The survey found that the use of the eXtensible Business Reporting Language (XBRL) is gaining interest but has not been widely adopted in government.

The survey concludes with the observation that "public financial managers face some of the most challenging times in decades in meeting their responsibilities, but they have faced them no only with a variety of policy measures but with an unprecedented commitment to transparency".




Public Financial Management Responses to an Economically Challenging World 2011 ICGFM Survey

Thursday, December 17, 2009

Coverage from ICGFM Global Survey



The Development Exchange covered the ICGFM Global Survey commenting:


An unexpected silver lining of the economic downturn is that it has exposed many flaws in public financial management and even spurred improvement efforts. Citizens are becoming more intense in their scrutiny of how governments allocate, spend and report on public funds, and governments have responded.


Sustaining member, FreeBalance, provided a blog entry about the survey suggesting:


The Progress in Public Financial Management Reform found that increasing transparency in government and engaging citizens were key motivations for improved governance.

FreeBalance team member have added comments in:

Thursday, December 3, 2009

Progress in Public Financial Management Reform

Lack of Trained Professionals Greatest Obstacle to Reform
Liela Aridi Afas and Steve Clyburn from Grant Thonton presented the results of the 2009 ICGFM Survey of Global Financial Management Leaders. This study was recently completed and published. The survey found that the top reason for implementing Public Financial Management (PFM) reforms is to increase transparency.

An informal conference poll was compared to the survey:

Reason for Reform ----------------------------------Survey --Poll
Increase transparency of government &
involvement/participation of citizens ------------------41 -------13
Improve effectiveness of budget expenditures --------29 -------40
Improve accountability to government &
business stakeholders --------------------------------20 -------23
Meet donor community requirements ----------------10 ------ 23

Recommendations were provided to help overcome obstacles to PFM reform. The lack of trained professionals was cited as the greatest barrier to PFM reform. The ICGFM Survey found that technical assistance is the most important resource needed for reform to succeed. Mr. Clyburn pointed out that the challenges faced by public finance managers around the world are similar. Many of the challenges are faced in developed and developing countries.

Top Resources Required -----------------------------Survey --Poll
Technical Assistance ---------------------------------70 -------- 33
Legal Frameworks -----------------------------------17 -------- 30
Automated FMIS -------------------------------------9 -------- 24
Funding ----------------------------------------------4 -------- 12


Many countries lack human capacity and the infrastructure for training, according to Mr. Clyburn. And, the public financial profession is trying to catch up with technology and change.
A poll of participants found that 69% believed that the financial crisis has had an influence on PFM reform. Ms. Afas pointed out that many financial managers thought that the financial crisis has exposed inefficiencies in PFM systems. Transparency is a major theme in the survey.



2010 Grant Thornton ICGFM Progress in Public Financial Management Reform



2010 Grant Thornton ICGFM Avancées réalisées dans la réforme de la gestion des finances publiques

Wednesday, June 3, 2009

ICGFM May Conference Survey Shows Improvements

ICGFM Conference Participants Highly Satisfied
Conference surveys from the 2008 and 2009 ICGFM annual conferences shows high satisfaction among delegates.
The vast majority of participants in the Spring conferences agree or strongly agree that speakers were effective, useful information was presented and the conference contributed to professional development.
ICGFM endeavours to improve professional development and share good practices among governments. Conference delegates are encouraged to rate sessions and the overall conference quality.
Results improved in Spring 2009 with results in the mid 90s. Participants found the PEFA workshop and other interactive sessions very useful, according to the survey.