Financial Management Institute Public Sector

Transcript:Financial Management Institute Public Sector:
Financial Management Institute Public Sector Management Workshop International Federation of Accountants International Public Sector Accounting Standards Board (IPSASB) Stuart Barr (Technical Advisor to Sheila Fraser – INTOSAI) INTOSAI - PSC June 2009 Overview of Session Introduce IFAC and IPSASB Discuss IPSASB’s mission and strategic themes Provide an overview of various projects under way and planned Q & A INTOSAI - PSC June 2009 What is IFAC? Expanding organization – currently, 157 member bodies and associates in 123 countries Represents over 2.5 million accountants in public practice, education, government service, industry and commerce Sets standards for auditing & assurance, ethics, education and public sector accounting Also issues guidance to support professional accountants in business, small and medium practices, and developing nations IFAC INTOSAI - PSC June 2009 What is IPSASB? Standing IFAC Board Consists of 18 volunteer Members from around the world, including two from Canada: 15 Members nominated through IFAC member bodies and 3 members serve as public members Experience and expertise in public sector financial reporting Ministries of finance, government audit institutions, public practice and public members – but, they serve as individuals not as representatives of their organization Issues and promotes benchmark guidance and facilitates the exchange of information among its constituents INTOSAI - PSC June 2009 Who is IPSASB? 2009 Membership ChairW: Mike Hathorn, Partner Moore Stephens, UK Deputy Chair: Erna Swart, CEO, Accounting Standards Board, South Africa Members: Peter Batten, Assistant Director, Treasury & Finance, Victoria, Australia David Bean, Director of Research and Technical Accounting, GASB, USA Marie-Pierre Cordier, Cours des Comptes, France Yossi Izkovich, Chief Accountant, Ministry of Finance, Israel Dr. Hong Lou, Deputy Director-General, Treasury Dept., Ministry of Finance, Peoples Republic of China Thomas Müller-Marqués Berger, Ernst & Young, Germany . Anne Owuor, Kenya Power & Lighting Co. Ltd Bharti Prasad, Deputy Comptroller and Auditor General, Delhi, India Ron Salole, Vice-President, Standards, Canadian Institute of Chartered Accountants Tadashi Sekikawa, Deloitte Touche Tohmatsu, Japan Frans van Schaik, Deloitte Touche Tohmatsu, The Netherlands Ken Warren, The Treasury, New Zealand Public Members: Prof. Andreas Bergmann, Zurich University of Applied Sciences, Switzerland Sheila Fraser, Auditor General, Government of Canada Prof. Stefano Pozzoli, Italy INTOSAI - PSC June 2009 How the IPSASB Works Generally holds 3 meetings per year Meetings are open to the public Transparent due process – available on IPSASB web site at www.ifac.org/PublicSector : All meeting materials are publicly available Approved minutes are posted Project summaries