"Working globally with governments, organizations, and individuals, the International Consortium on Governmental Financial Management is dedicated to improving financial management, so governments may better serve their citizens, by providing opportunities for professional development and information exchange." We do this principally through our biannual conferences, DC forums and Journal.

CONFERENCES

ICGFM 29th Annual International Training Conference


May 31, 2015 to June 5, 2015

Miami Marriott Biscayne Bay

Miami, Florida, USA

 

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SAVE THE DATE

2015 Winter Training Conference

December 7-9, 2015

The International Monetary Fund

Washington, DC, USA


Previous Conferences

 

The 2014 Inaugural VIP Membership Reception

was a success!

 

Thank you to all who could attend and

we look forward to our next event in 2015!

 

Click here for details

 

DC FORUM LUNCHEONS

March 4, 2015
DC Forum Luncheon
12:00 - 1:30 p.m.

 

MEET THE AUDITORS

 

REGISTER HERE

 

International Consortium On Governmental Financial Management (ICGFM)
DC Forum Luncheon

 

Our Speakers:

Jorge da Silva

Executive Auditor,

Inter-American Development Bank

Mouhamadou Diagne

Director of Strategy & Operations-Internal Audit Vice Presidency,

The World Bank Group

Daniel S. Nelson

Assistant Director at the Office of Internal Audit and Inspection

IMF

 

-Gain a unique insight into the most important development institutions today
-Hear the latest trends in accountability from an international auditor’s perspective
-Learn how evolving missions are affecting the oversight role of the IMF, World Bank, and Inter-American Development Bank

 

One of the DC Forum’s most popular events is an informal discussion with the senior auditors of the key international development and financial institutions based in Washington, DC.  This session will provide insight into recent trends in accountability at the international level and afford a unique insight into the auditor’s perspective of these important international institutions.

 

About Our Speakers:

Jorge da Silva
Mouhamadou Diagne
Daniel S. Nelson
Appointed Executive Auditor of the Inter-American Development Bank (IDB) on September 1, 2012.  Mr. da Silva brings to the IDB more than 25 years of private and public sector experience in internal auditing, accounting, risk management, internal controls, and information technology. The Director of Strategy & Operations for the World Bank Group Internal Audit Vice Presidency and brings to the institution over 20 years of experience in Accounting and Auditing. Prior to joining the World Bank Group, Mouhamadou held senior positions at Fannie Mae, Arthur Andersen, and Deloitte & Touché. Mouhamadou is a CIA, CPA, CGMA, CIDA, and a member of the AICPA. He is holds MBA and MSc. degrees with concentration in Finance. Joined the IMF in October 2004 as Assistant Director at the Office of Internal Audit and Inspection in the International Monetary Fund (IMF), Washington DC. Prior to the IMF, Mr. Nelson worked at the UN World Food Programme, and with Price Waterhouse. He is a CPA and a CIA. Mr. Nelson also served as a member of the audit committee of the United Nations Children’s Fund (UNICEF).


Location:
Carnegie Endowment for International Peace

1779 Massachusetts Ave., NW
Washington, DC 20036

Time: 12:00-1:30pm
Sponsored By: 

Upcoming Forums:

April 1, 2015

Implementation of Domestic Resource Mobilization in Developing Countries With Robert E. Wuertz,

Director, Office of Economic Policy, E3

September 9, 2015
October 7, 2015
November 4, 2015

Location: Carnegie Endowment for International Peace
1779 Massachusetts Ave., NW
Washington, DC 20036

Previous DC Forums

 

 

Current News

February 11, 2015
ICGFM Board of Directors Highlight

Nihal Sri Ameresekere, Individual Member, Sri Lanka

Nihal Sri Ameresekere, F.C.A., F.C.M.A., C.M.A. C.G.M.A., C.F.E., 66 years, has over 15 years’ experience in auditing, and over 40 years’ in management consultancy, servicing top management in private and public sectors, including rendering services to Presidents of Sri Lanka; having functioned as Senior Consultant on World Bank and USAID projects on economic infrastructure, and as Advisor, Ministry of Finance & Planning, and Chairman, Privatization Commission.

 

Over the last 20 years he has been engaged in forensic accounting, commercial litigation support services, public interest activities and litigations, including on the Expropriation Bill and fiscal management, accountability and transparency. He is an Associate Member, American Bar Association, and a Member of the Experts’ Panel formulating the Work Plan of the International Association of Anti-Corruption Authorities, promoting and facilitating the implementation of the UN Convention Against Corruption.

 

He has been a renowned Lecturer in financial management and management accounting; and has published over 150 articles. He has delivered speeches at international forums.  Recently he signed a MOU with YICAI Foundation, China for a Declaration on Global Responsible Gaming.

 

He has authored a series of 13 voluminous Books to the global market, published and marketed by AuthorHouse, dealing with real case studies, highlighting investigating economic crime, managing public finance, combatting fraud and corruption, enforcing governance and the rule of law, which have received commendations from international personalities.

 

January 27, 2015

Release of the Country Testing Version of the upgraded
PFM Performance Measurement Framework


            Following the public consultation on the draft upgraded PEFA indicator set, the PEFA Partners are pleased to release a version of the entire upgraded PFM Performance Measurement Framework for use in testing at country level– the testing version – which incorporates guidance on the indicators and PFM performance report content, available here. A short explanation of changes from the consultation draft is available here.
            Testing will be carried in the first half of 2015, then the final fine-tuning of the upgraded Framework will be decided, and all associated information, guidance and training materials, will be prepared for release by the end of 2015.
The PEFA Partners are seeking additional opportunities to test the upgraded Framework. If you would like to participate in testing the PEFA Framework, please contact the PEFA Secretariat.
            The PEFA Secretariat is also publishing the report on the feedback received during the public consultation process which includes a discussion of the main findings and key issues and a summary of the major comments by indicator, available here.
            Any enquiries or comments on the upgraded Framework can be directed to the PEFA Secretariat by telephone (+1-202-458-8545) or email (services@pefa.org). More information is available on the website www.pefa.org and you can also follow new developments on Twitter @PEFASecretariat.

 

 

IPSAS ADOPTION

Many countries around the world indicate that they have adopted or are in the process of adopting either the Cash Basis IPSAS or the accrual IPSASs.  To the best of our knowledge, the most complete, current listing is available at the following website:  http://en.wikipedia.org/wiki/International_Public_Sector_Accounting_Standards

The ICGFM has developed an IPSAS Compilation Program (including a self-assessment guide and a Certificate of Compliance) to assist developing countries or countries in transition in their efforts to implement IPSAS. Many countries have used the self-assessment guide to evaluate their level of implementation.  Some of the countries that have used the self-assessment guide are as follows:

Egypt, Gambia, Guatemala, Hashemite Kingdom of Jordan, Honduras, Kenya, Malawi, Namibia, Nepal, Nigeria, Rwanda, Uganda, and Vietnam.

 

 

 

 

 

<---  ICGFM Membership Web Brochure

 

 

 

 

 

IPSAS Compilation and Certification Program for Developing Countries

 

<---  Web Brochure 

 

Please click here for the Compilation Guide, Roadmap for Implementation and Self Assessment Field Test!

 

Click here to see the DC Forum Presentation by Dr. Jesse Hughes, "Status of International Public Sector Accounting Standards", regarding this Compilation and Certification Program.

 

International Journal On Governmental Financial Management (IJGFM)

Current and archived issues of the Journal are online here. Copies of the Digest are available here.

To further improve the quality of our Journal, we are requesting our readers to participate in a short survey available here in MSWord or PDF.

 

ICGFM Ad Hoc Accounting Standards Committee

IPSAS Compilation Program for Developing Countries

Read the responses prepared by this committee and submitted to the Board of the International Public Sector Accounting Standards (IPSAS) here.