Current News

May 25, 2018

"Developing countries need to have the “basic building blocks” in place before they can make sustainable reforms, the president of a global financial management body has said."  Please click HERE to read the entire article on Public Finance International.

May 9, 2018


While the implementation of accrual accounting in the public sector started three decades ago, the current public sector literature is still interested in studying in detail the experiences of different countries and the further required reforms in this field. The adoption of accrual accounting in the public sector was introduced under the umbrella of New Public Management (NPM) and New Public Financial Management (NPFM). Therefore, the current issue focuses mainly on the public financial management reform (including the adoption of accrual accounting).

- Prof. Dr. Hassan Ouda, Editor

Click here for the entire Journal!

December 5, 2017

Peter Aliferis Awarded the David M. Nummy Lifetime Achievement Award

The International Consortium on Governmental Financial Management (ICGFM) commenced the 2017 Winter Conference at the International Monetary Fund (IMF) on December 4, 2017.  During his opening remarks, ICGFM President Jim Wright presented the newly established David M. Nummy lifetime achievement award to Peter Aliferis, Past President, a highly respected and valued member of the ICGFM Executive Committee and the Board of Directors.

The award is sponsored by ICGFM to recognize and honor individuals who have made sustained contributions by bringing their expertise, knowledge and dedication to further the ICGFM mission and who serve as ambassadors for the organization and have demonstrated their passion for improving public financial management around the world.

The award is named for the late David Nummy, who served on the ICGFM Executive Committee and Board of Directors, and is best remembered for his role as VP for Programs where he served as the Master of Ceremonies for conferences for over a decade. David embodied the spirit of the organization through his tireless work and significant contributions over the years to building PFM capacity.

Pete held many high level, important roles throughout his career.  During his exceptional career at GAO, he served many roles including the Director of Special Project Office of the Office of the Comptroller General and Director of Operations of the Accounting and Information Management Division.  At the USA Graduate School he was Dean of Curriculum for the Government Auditor Training Institute, and for the Association of Government Accountants he served as Deputy Executive Director - Operations, and Director of Professional certification.

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