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Lessons in governmental accounting from New Zealand

January 7, 2021

Interview of Ian Ball, former chair of the International Federation of Accountant Public Sector Committee and architect of New Zealand’s government financial reforms leading to integrated, accrual-accounting-based budgeting and financial reporting, text intro includes “… This special Ask the Experts webinar is part of Truth in Accounting’s effort to reform governmental accounting standards in the United States. Currently, the 50 states are required by law to balance their budgets. But because governments use cash-based accounting, budgets that appear balanced are anything but balanced. …”

Read the full article on: Truth in Accounting’s YouTube Channel

 
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