Services outside the UK
We are operating in a complex global landscape for Public Financial Management (PFM) and the pace of change is faster than ever.
Public service organisations across the globe are facing considerable challenges. Not only is there an ever-growing demand for greater transparency and accountability, but there are also increasing standards and expectations around external and internal audit. Competency and skills in PFM, its principal components and the levers by which it can be successfully improved and executed are essential.
In recent years there has been a growing consensus about the importance of PFM for both developed and developing economies. Whatever the level of development or economic circumstances in a country, citizens will rightly keep raising the bar regarding their expectations about public service delivery.
As pressures on national budgets increase and additional demands are made by the global financial crisis and COVID-19 pandemic, there is unprecedented need to understand better the components of PFM and how the full range of public organisations and processes relate to each other. There's no doubt these challenges are placing new demands on public finance professionals, and there has never been a greater need for world-class PFM education and training.
How CIPFA can help
CIPFA is the only professional accountancy body in the world exclusively dedicated to public finance.
We were a founder member of the International Federation of Accountants (IFAC), the International Accounting Standards Board (IASB) and Accountancy Europe. We are also a registered UK charity with a UK Royal Charter. CIPFA exists for the public good – it's our guiding principle.
We work closely with international bodies (including the UN, World Bank, European Commission and the UK's Department for International Development) as well as government ministries, technical development partners and public accounting organisations across the globe.
Our aim is to advance the field of PFM and promote best practice throughout the global public sector, improving the performance of public services by facilitating the effective and efficient use of public money. Below are just some of the services we provide.
Conference: Supporting Accounting and Auditing Developments and Synergies
On 29 and 30 June 2021, we hosted a conference in partnership with the Center of Excellence in Finance (CEF), online and in Skopje, Macedonia. The event brought together renowned international and regional experts and provided and invaluable platform for exchanging expert knowledge, experience, best practices and recommendations. Review the agenda.
Webinar: Exploring the role of audit committees
On 5 May 2021 we hosted a webinar in partnership with the South African Institute of Chartered Accountants (SAICA) and the United Nations Development Programme (UNDP). The one-hour session explored the scope, composition and effectiveness of audit committees, as well as their ability to improve public service delivery across local authorities/ municipalities.
Workshop: Enhancing Public Financial Accountability and Management in the Caribbean
Hosted in partnership with the Institute of Chartered Accountants of the Caribbean (ICAC) on 11 and 12 May 2021, this two-day workshop explored key public finance management principles and aimed to formulate recommendations specific to the Caribbean region. Review the agenda.
Qualifications and training
Our International Public Financial Management qualifications reflect the evolving environment and challenges faced in managing public finances effectively and can lead to the globally recognised CPFA (Chartered Public Finance Accountant) designation.
To support national governments, state enterprises and public sector institutions around the world as they move towards implementing IPSAS, we also offer qualifications in the International Public Sector Accounting Standards.
To help both individuals and organisations identify their training needs, we have published 'Key Competencies for Public Sector Finance Managers,' a document that brings together the full range of knowledge, skills and approaches we believe are required by public finance practitioners.
Building capacity and capability
CIPFA has helped design and deliver training programmes with governments and donor bodies worldwide. Topics include risk management, leadership, governance, counter fraud, anti-bribery and corruption and finance skills for public sector managers.
We implement both long and short-term projects, ranging from several years to a few months and have carried out projects in numerous countries including Somalia and Somaliland, Anguilla, Uganda, Sri Lanka and Malta.
The International Financial Reporting for Non-Profit Organizations (IFR4NPO) initiative is a five-year project coordinated by Humentum and CIPFA to develop the first ever NPO international financial reporting guidance.
Reports and publications
Our recent international survey of public sector professionals, Evolving Climate Accountability: A Global Review of Public Sector Environmental Reporting shows that more than half (56%) of public sector organisations do not currently report on their climate impact - an important baseline from which the evolution of public sector sustainability reporting can be measured.
CIPFA's Whole Systems Approach is a framework to help countries improve their public financial management and service delivery, to promote wise spending, tackle corruption and contribute to economic growth and long-term stability. Our portal, Delivering Excellent Public Finance summarises and brings to life the Whole Systems Approach framework.
We work with IFAC to produce the International Public Sector Financial Accountability Index. The index uses data from countries around the world to create a picture of the quality of accrual accounting and the extent of IPSAS adoption.
Our Keystone publications utilise expert input from consultants and stakeholders to create definitive standards and best practice guidelines, while our PF Perspectives magazine addresses complex topics with far-reaching implications for the future of public finance.
Public Money and Management is a major international, academic and professional journal that we publish with Routledge, covering public sector finance, policy and management.
News and commentary
CIPFA has convened the Public Finance International Advisory Panel (IAP), which comprises 32 public finance professionals from academia, international bodies and professional accounting organisations. The panel facilitates professional and academic discussion and thought leadership on pan-public sector finance issues, including anti-corruption, internal control, budgetary management, accounting, auditing and performance reporting.
If you would like to learn more about the work that we do around the world, please contact us:
Tel: +44 (0)20 7543 5600
For further information on how we can help please visit: