"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.
Miami Marriott Biscayne Bay
Miami, Florida, USA
SAVE THE DATE
2015 Winter Training Conference
December 7-9, 2015
The International Monetary Fund
Washington, DC, USA
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!
DC FORUM LUNCHEONS
MEET THE AUDITORS
International Consortium On Governmental Financial Management (ICGFM)
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:
Location: Carnegie Endowment for International Peace
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
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 (firstname.lastname@example.org). More information is available on the website www.pefa.org and you can also follow new developments on Twitter @PEFASecretariat.
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)
ICGFM Ad Hoc Accounting Standards Committee
Read the responses prepared by this committee and submitted to the Board of the International Public Sector Accounting Standards (IPSAS) here.