• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Institute of Chartered Accountants, Ghana, Advocates Robust Public Financial Management for Economic Growth

2 years ago
in Business, Editor's pick, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
85
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Institute of Chartered Accountants, Ghana, Advocates Robust Public Financial Management for Economic Growth

The Institute of Chartered Accountants, Ghana, has stressed the importance of strong Public Financial Management (PFM) as a crucial driver for economic growth and sustainable development. With the aim of improving the quality of public services and ensuring stronger economies, the institute highlights the critical role that PFM plays in managing public finances effectively.

Recognizing the complexity of the task, the Institute emphasizes that enhanced information and tools can lead to better management of public finances, resulting in more robust economies. It firmly asserts that strong PFM is central to the entire public sector and plays a pivotal role in creating a solid foundation for economic growth.

Under the framework of the Institute of Chartered Accountants, Ghana Act, 2020 (Act 1058), the organization assumes significant responsibilities aimed at fostering a sound public financial management system and promoting sustainable economic development. By supporting the government in various capacities, the Institute seeks to contribute to the stability and progress of the nation.

In recent months, the Institute has actively engaged with the government on critical matters. Notably, between December 2022 and May 2023, the Institute submitted a communique and four discussion papers regarding Ghana’s debt restructuring. These documents also covered the financial reporting implications of the government’s debt exchange arrangement, which was undertaken to enhance the country’s debt sustainability.

Ghana has navigated through both democratic and military rule over the past six decades, facing challenges and achieving milestones along the way. Despite the political shifts, the nation has maintained a reputation for stability and peace, positioning it as the most peaceful country in the West African sub-region. This environment has contributed to Ghana’s appeal as an attractive investment and business destination.

The Institute of Chartered Accountants, Ghana, is poised to drive positive change during the coming year. Some of the key initiatives in focus include organizing the inaugural National Forum on Public Financial Management, leading the sustainability accounting and integrated reporting efforts within the West African sub-region, and establishing a robust mentorship program for students and new accountants. The Institute also plans to enhance financial literacy through workshops targeting media professionals.

RelatedPosts

The Race to FIFA World Cup 2026: Who’s In, Who’s Close, Who’s Dreaming?

BoG Ups FX Forward Auction to $208m Amid Cedi Pressures

Headline Inflation Falls to 11.5% in August, Beating Gov’t’s 11.9% End-Year Target

A significant development is the establishment of the West African Centre for Research in Accountancy, scheduled to begin operations on September 1, 2023. The Institute aims to create a retired accountant association and commemorate esteemed figures who have contributed to its legacy. Additionally, plans include launching the third phase of the Institute’s infrastructural project in celebration of its 60th Anniversary.

The Institute of Chartered Accountants, Ghana, looks forward to honoring influential figures through an awards ceremony and conducting anniversary tours locally and internationally. Destinations for these tours include Mauritius, Sao Tome & Principe, Singapore, and Dubai.

As the Institute marks its 60th anniversary, its commitment to fostering robust public financial management and driving economic growth remains steadfast.

 

Tags: Advocates Robust Public Financial Management for Economic GrowthghanaInstitute of Chartered Accountants
No Result
View All Result

Highlights

GNCCI Urges Government to Stabilise Exchange Rate to Safeguard Growth

BoG’s New FX Rules Offer Short-Term Stability but Risk Repeating Nigeria, Kenya Mistakes if FX Controls Persist – Dr. Dumanya

Government Cuts Black Stars Budget by Over $732,000 for Upcoming World Cup Qualifiers Against Chad and Mali

Africa’s Road to the 2026 World Cup Heats Up As Qualifiers Resume Today

US Open: Alcaraz Advances to Semifinals; Sabalenka Set for Rematch with Pegula

GSE Composite Index Dips as MTNGH Extends Decline; TOTAL Posts First Gain in Over a Month

Trending

Features

The Race to FIFA World Cup 2026: Who’s In, Who’s Close, Who’s Dreaming?

September 3, 2025

The Race to FIFA World Cup 2026: Who's In, Who's Close, Who's Dreaming? As the excitement builds...

BoG Ups FX Forward Auction to $208m Amid Cedi Pressures

September 3, 2025

Headline Inflation Falls to 11.5% in August, Beating Gov’t’s 11.9% End-Year Target

September 3, 2025

GNCCI Urges Government to Stabilise Exchange Rate to Safeguard Growth

September 3, 2025

BoG’s New FX Rules Offer Short-Term Stability but Risk Repeating Nigeria, Kenya Mistakes if FX Controls Persist – Dr. Dumanya

September 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.