CIPFA Consultation on International Architecture for Public Financial Management

  Posted by Michel Lazare

 

The Chartered Institute of Public Finance and Accountancy (CIPFA) is a UK-based global professional accountancy body that specialises in the public services. We have an active international strategy including PEFA and PFM training, professionalisation and consultancy.

CIPFA is currently undertaking a PFM consultation on a document covering a definition of PFM (from a service delivery perspective) a whole system approach (holistic) process architecture and regional institutional architecture. The link to the CIPFA webpage announcing the consultation is here and the consultation paper can be accessed by clicking on the following link: Download PFM_IA_Whole_System_Approach[1]
 

The full text of CIPFA's announcement is as follows.

CIPFA would like your comments about our new paper: Public Financial Management (PFM) and the PFM International Architecture – A Whole System Approach.

There has been a growing consensus about the importance of PFM for both developed and developing economies over recent years. But there has also been a parallel debate about the detailed definition of PFM, its principal components and the levers by which it can be successfully improved and developed.

CIPFA's thinking about a whole system approach to PFM aims to address these issues and contribute to the international debate. Ultimately, we aim to assist the improvement of PFM and public service delivery across the world. This consultation process seeks to:

• gain consensus amongst key stakeholders of the whole system picture
• stimulate analysis of the architecture's performance
• provide support in  identifying and designing initiatives that improve the international system's functioning and legacy impact to the benefit of poor people.

This work has been carried out with the assistance of funding from DFID, the UK’s Department for International Development, for which we are extremely grateful.

The consultation document is available for download here. It has been prepared to facilitate comments and contributions from the widest international community of practice in public financial management. We hope you will find it stimulating, useful and worthy of response. We look forward to hearing from you.

Please submit your comments to International@cipfa.org.uk

Or you can post comments to:

The Chief Executive
CIPFA
3 Robert Street
London WC2N 6RL

Comments should be received by 30 November 2009.

All comments may be considered a matter of public record.