financial management in the public sector: a global perspective

18
The global body for professional accountants

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Page 1: Financial Management in the Public Sector: A Global Perspective
Page 2: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Financial Management in the Public Sector – A Global

Perspective

Martin TurnerPresident, ACCA.

Page 3: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

• ACCA facts and figures

• Trust, Public Value and Accountability

• Public Sector Challenges and

Opportunities

Agenda

Page 4: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

436,000 Students170,000 Members

91 Offices180 Countries

Page 5: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Adoption of efficient budgeting and financial management

Transparentstructures of accountability

Effective audit and scrutiny

Good governance

Strong public financial management

Page 6: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Accountability, Transparency and

Public Value.

Page 7: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Beyond the financial crisis…

Page 8: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Page 9: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Shared Views About Public Sector Finances and Audit

• All are willing to accept new responsibilities

• Public sector finance professionals and auditors need to talk about the issues publicly – improve public engagement and PR

• Strengthen scrutiny and public service effectiveness

Page 10: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Caroline GardnerAuditor General of Scotland

Page 11: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Page 12: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Page 13: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Page 14: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Page 15: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

High professional standards for public services around the world

Page 16: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

Conclusion & Questions?

Page 17: Financial Management in the Public Sector: A Global Perspective

The global body for professional accountants

www.canada.accaglobal.com

www.twitter.com/accacanada

www.facebook.com/acca.canada

CONTACT

Page 18: Financial Management in the Public Sector: A Global Perspective