The Index, published by IFAC and CIPFA, provides information on the adoption of accrual accounting and different reporting frameworks applied in 165 jurisdictions.
The reporting finds that while 30% of their governments reported on an accrual basis in 2020 (an increase of 6% since 2018), 50% will report on accrual by the end of 2025. Africa, Asia, and Latin America and the Caribbean will lead the projected increase in accrual adoption over the coming five years. |
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