ACCA welcomes the opportunity to comment on the consultation paper issued by PSAB on Reviewing PSAB’s Approach to International Public Sector Accounting Standards. The ACCA Public Sector Global Forum, staff experts and broader ACCA stakeholders have considered the matters raised and their views are represented in the following.
The Public Sector Accounting Board (PSAB) has clearly undertaken a thorough review of the role of International Public Sector Accounting Standards (IPSAS).
To read in full, please download the consultation response.
The 8th International Public Sector Conference took place in Singapore at the One Farrer Hotel on 1 and 2 March. The conference was organised by ACCA with our co-organiser the Singapore Accountancy Commission (SAC) with focus on ‘the digital public sector.
On 26 September 2017 ACCA and the Estonian Presidency of the Council of the EU held an event: 'Drivers of change for the public sector: Bringing governments closer to citizens and businesses in a digital age through ethics and trust'. Read the event report and watch the highlights.
This report forms part of the ACCA Professional accountants – the future series and focuses exclusively on identifying the 50 drivers of change that are expected to have an impact on the public sector and how professional accountants will need to continue to play a pivotal role in the decade ahead.
This is the first stage of a two-part study that begins to explore whether transparency is currently being achieved and whether essential user information needs are being met. It will provide new insights into the external drivers needed to promote consolidated financial reporting by governments. This report summarises the key issues from a comparative study and suggests ideas for future research. It sets out the historical context of consolidated public sector accounts reforms in the five countries and present a review of the literature.
Breaking out: public audit’s new role in a post crash world
In this paper, contributors from Scotland to Bhutan are upbeat as they reflect on their role in accountability and improving public services. They also speak about improving public engagement and strengthening scrutiny and public service effectiveness.
How e-business transforms public sector services in the UK
The report examines how the delivery of public services has been transformed by e-business and examines the challenges and opportunities that lie ahead of both central government departments and local councils.
The moment of truth for public services across Europe
The EP Intergroup on public services and the influential daily Europolitics organised a high-level conference called 'Public services in Europe: the moment of truth', at the European Parliament in Brussels. ACCA, represented by Gillian Fawcett, head of public sector, was invited to speak at the roundtable chaired by MEP Francoise Castex, chair of the Intergroup.