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Digital News

State entities to participate in financial reporting awards

By Jackson Okoth | Oct. 4, 2014

Nairobi; Kenya: The office of Accountant General has requested Financial Reporting (FiRE) awards promoters to include Public Sector Category in the 2015 event.

The move to include government entities in this award is informed by the fact that currently, government ministries, department and agencies are using a variety of standards including (International Financial Reporting Standards (IFRS’s), International Public sector Accounting Standards (IPSAS) accrual, (IPSAS) modified or cash basis as their accounting and financial reporting framework.

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