CIPFA’s chief executive calls for a concerted effort from accountancy institutes, firms and individual accountants to respond to the current global crisis by tackling poor public financial management
The global financial crisis has grown steadily over the past two or three years to reach its current sovereign debt climax in Greece and Italy.
Along the way, we have seen many national economies fall into recession. And whilst recession is technically over in most cases, nations are struggling to return to strong levels of growth. Many now face real fears of a dreaded ‘double dip’ – another period of perhaps significant contraction of economies.
