Over recent years there has been a growing consensus about the importance of public financial management for both developed and developing economies.
Whatever the level of development or economic circumstances of a country, citizens’ expectations about public service delivery - and its value for money - will continue to rise.
In the aftermath of the global financial crisis and continuing environment of economic uncertainty, with national budgets under increasing pressure and subject to new and intense levels of scrutiny, there is now an unprecedented need to better understand the components of public financial management and how the full set of institutions, professionals and processes relate to each other.
Only by taking a holistic view and highlighting the special characteristics of the public sphere, will we be able to properly focus thinking on how to secure stability in the global economy, improve service delivery, transparency and accountability, and where to prioritize effort. Governments around the world are under pressure to respond, and as never before, they are aware of how interrelated their affairs have become.
Supported by the World Bank, International Federation of Accountants, U.K.’s Department for International Development and Treasury Department, CIPFA’s conference explores all the issues and debates on how we can respond to the challenges we all face.
Discover more on March 15-17 in London and book at http://www.cipfa.org.uk/pfmconference/