DescriptionAt a special webinar on 27 May, Michael McGrath TD, Minister for Public Expenditure and Reform, launched the Institute’s position paper on the Irish Government’s planned public sector accounting reforms. Researched by Prof Ciaran Connolly and Dr Elaine Stewart of Queen’s University Belfast, The Reform of Ireland’s Public Sector Accounting examines the key changes involved, including:
the preparation of accrual accounting information compliant with international public sector accounting standards;
central government consolidated financial statements; and
harmonising accounting practices across the Irish public sector.
Drawing on the views of representatives from government departments, agencies, and advisory organisations and individuals, the position paper concludes by recognising the ambition of the planned reforms. Appropriate and timely, they are a significant statement of intent by the Irish Government to modernise its public sector accounting practices.
|Period||27 May 2021|
|Event title||The Reform of Ireland's Public Sector Accounting – Position Paper|
|Degree of Recognition||National|