This submission is made jointly by the Association of Chartered Certified Accountants (ACCA) and Pan African Federation of Accountants (PAFA).
ACCA and PAFA share a commitment to supporting good practices in public financial management across Africa and around the world. The adoption and implementation of international accounting standards is a cornerstone of transparency and accountability in the public sector, as well as providing decision-useful information to inform the policymaking process and support good value for money from public services.
With Advancing Public Sector Sustainability Reporting, the IPSAS Board is considering a new ambitious and essential work programme. ACCA and PAFA agree that the IPSAS Board is the right organisation for producing global public sector specific sustainability reporting guidance, and will look to play an active role in the development and implementation of the new guidance.
To read the full response, please download the consultation response document.