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RETHINKING PUBLIC FINANCIAL MANAGEMENT

RETHINKING PUBLIC FINANCIAL MANAGEMENT 2021 Association of Chartered Certified Accountants December 2021 About ACCA ACCA (the Association of Chartered Certified Accountants) is the global professional body for professional accountants. We re a thriving global community of 233,000 members and 536,000 future members based in 178 countries and regions, who work across a wide range of sectors and industries. We uphold the highest professional and ethical values. We offer everyone everywhere the opportunity to experience a rewarding career in accountancy, finance and MANAGEMENT . Our qualifications and learning opportunities develop strategic business leaders, forward-thinking professionals with the FINANCIAL , business and digital expertise essential for the creation of sustainable organisations and flourishing 1904, being a force for PUBLIC good has been embedded in our purpose.

Improving transparency and accountability of government spending 24 Better prioritisation in resource allocation 26 A closer focus on risk management 29 Climate change 31 Other areas for development 33 Focusing on service delivery and outcomes 33 Implementing accrual accounting and budgeting 34 Improving public procurement 35 Summary 37 3.

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