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Position Statement: Public Sector Accounting

There is a growing international movement to improve financial reporting in the public sector. Improving the quality of financial reporting in the public sector is viewed as critical in addressing hge risks, such as unexpected sovereign debt crisis situations that may remain obscured when robust accounting and reporting techniques are not used. CAPA's Position Statement in this area supports accrual-based financial reporting as the only means to provide the necessary high quality, transparent reporting of public sector activities and position.

Click on the link below to read position statement.

May 2011: Improving Public Sector Financial Management