It may not always be possible to implement best public financial management practice in some of the most fragile states in the world, an overseas development expert has told CIPFA’s annual conference.
Governments share the blame for the estimated $3.1 trillion lost to tax evasion and avoidance globally, two tax experts told the CIPFA annual conference yesterday.
Boosting growth in cities is linked to good public financial management that helps engage both public authorities and business in the potential for private and public investments, says Adam Fineberg, a speaker at CIPFA conference.
Governments around the world need to hold themselves to the same high standards as they expect from the private sector, the president of the International Federation of Accountants Olivia Kirtley has said.
Public procurement by the European Union is mired in red tape and efforts should be made to help businesses identify contracting opportunities and submit tenders, auditors have said.
The 27 countries staying in the European Union will give the UK a poor deal for fear that other members will leave too if the terms look too attractive, Professor Anand Menon told the CIPFA conference.
Italy’s economy may not recover from the 2008 financial crash until the mid-2020s, suggesting two decades’ worth of growth will be lost, the International Monetary Fund has said.
A controversial bill forcing NGOs in Israel to disclose details of their overseas funding has been passed in to law despite international condemnation.
