UNITED NATIONS MOVES TOWARDS ADOPTING INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS
May 1st, 2007
BY KEITH NUTHALLTHERE can be fewer larger accountancy jobs than a complete overhaul of the accounting systems of all United Nations organisations, but such a project is underway, and - some would say true to form - the UN is now splashing cash on external accounting consultants. All the UN's agencies, departments, committees and its headquarters must adopt International Public Sector Accounting Standards (IPSAS) no later than January 1, 2010, with United Nations Peacekeeping Operations having a little longer to comply - by July 1, 2010. The immense range of this ...
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