The eurozone crisis is the main risk to the global economy and decisive action is needed to ensure it does not spread, the Organisation for Economic Co-operation and Development has warned.
As the eurozone crisis continues and sovereign debt soars, governments need to urgently reform their accounting practices. CIPFA’s chief executive, Steve Freer, calls for a collective effort across...
Financial and political decision-makers worldwide could be missing out on the fiscal information they need about governments, according to Ernst & Young.
The Department for International Development’s use of direct transfers of aid to people rather than to governments has had 'clear immediate benefits' but could be more efficient, the National Audit...
There is a 50% chance of the UK falling back into recession in 2011/12 even if the eurozone crisis is successfully resolved, the National Institute of Economic and Social Research warned today.
The government has reached an agreement with Switzerland to tackle offshore tax evasion. This is expected will secure billions of pounds of unpaid tax for the UK exchequer.
It is not sustainable for the eurozone to support the sheer volume of existing private and public sector debt in member nations. Either restructuring of the debt, or reconstitution of the eurozone,...
CIPFA CONFERENCE 2011 VIDEO INTERVIEW: Chicago city treasurer Stephanie Neely outlines the financial challenges facing the US's third largest city. She also discusses the privatisation of public...
Japan's economy was in deep trouble well before the recent natural disasters struck. As it struggles to pick up the pieces, what lessons are there to be learnt from the country's 'lost decades'?
The American economy is hurting, and the pain is being pushed down to local government level. As debt rows rage on Capitol Hill, how are US cities and states trying to balance their budgets? PF...
The Department for International Development must tighten its counter-fraud measures as its work extends into less stable countries, auditors have said
Whitehall departments grappling with spending cuts could learn from how the Foreign & Commonwealth Office dealt with a sudden shortfall, according to government auditors
Developed nations are facing a 'tsunami of spending' because of changing demographics that governments are failing to address, the former US comptroller general told the CIPFA international conference
The government will require rigorous accountability for overseas aid spending in return for protection from spending cuts, the international development minister said this week
Efforts to increase accuracy and transparency in public accounts depend on sustained lobbying by the accountancy profession to overcome politicians’ fears, the CIPFA international conference heard.
After addressing the CIPFA international conference in London, the former US comptroller general and founder and CEO of the Comeback America Initiative talks to Public Finance about: fiscal...
In a globalised world, the only certainty is uncertainty. Economic dogma is being swept aside, as nation states follow their own disparate routes to recovery and growth. So why is the UK government...
The UK is not boldly going where no other government has gone before in its efforts to reduce the deficit. At least 24 OECD countries have paved the way and they have clear lessons ministers would be...
