Public Sector accounting standards and/or guidance materials are issued by the International Public Sector Accounting Standards Board (IPSASB). Substantial information in relation to public sector accounting standard matters can be found at the IPSASB website at: http://www.ifac.org/public-sector/publications-resources
Substantial information is also available from the Chartered Institute of Public Finance and Accountancy (CIPFA), a professional accountancy body exclusively dedicated to public finance. CIPFA offers education and training to those wanting to focus in public finance, and publishes reports, commentaries and statistics on a range of public finance and governance issues around the globe. For further information and/or guidance materials, visit the CIPFA website at: http://www.cipfa.org
One of the key focus areas for CAPA is improving public sector financial management. This is reflected in our Position Statement which was released in mid-2011. Since then, CAPA has held various activities focused on public sector accounting. Further details of such activities can be found in the Public Sector Accounting category of the CAPA Resource Materials section.
In 2014, CAPA's Public Sector Financial Management Committee (PSFMC) launched a publication titled 'Improving Financial Management in the Public Sector - The Eight Key Elements of PFM Success'. The aim of this publication is to assist professional accountancy organisations (PAOs) in holding substantive dialogues with governments to consider the state of public financial management (PFM) and identify opportunities for on-going development and improvement. A copy of the publication can be downloaded from the Public Sector Accounting category of the CAPA Resource Materials section.