Treasury staff certified in International Public Sector Accounting Standards

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, August 14, 2017 – Providenciales – During the month of July 2017, six (6) officers in the Office of the Accountant General (Treasury) obtained certification in International Public Sector Accounting Standards (IPSAS).   The officers are Deputy Accountant General, Sally-Jean Astwood and Finance Managers: Pamela Clarke, Jonelle Glinton, Kimberly Simmons-Lewis, Letitia Williams and Shandera Hall.These Standards are designed to assist governments and other public sector entities in improving public sector financial reporting and includes both cash and accrual-based accounting.   The principles are intended to strengthen public financial management and knowledge globally through the enhancement of the quality and transparency of public sector financial reporting.   Strong and transparent financial reporting has the potential to improve public sector decision making and make governments more accountable to their constituents.   The Turks and Caicos Islands Government is moving from the cash basis of accounting to the accrual basis and this certification is an important step in this regard.Mrs. Harvey-Basden, PS/Ministry of Finance stated that “The Ministry would like to congratulate all the Accountant General’s Office staff that obtained this certification. Through their hard work and dedication this success was achieved.   It should be noted that this step is the first of many to ensure continued staff capacity building, as TCIG migrates to accrual accounting within the next few years.”We again congratulate the Officers on this achievement.Press Release: TCIG Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more