Zimbabwe's local authorities must enhance IPSAS implementation by 2025, focusing on transparency, accountability, and uniformity in financial reporting.
Zimbabwe's local authorities must strengthen their capacity to implement International Public Sector Accounting Standards (IPSAS) by 2025, according to Deputy Accountant-General Morgen Makina. The IPSAS framework promotes transparency, accountability, and uniformity in financial reporting. Local authorities are required to assess their existing systems and processes, and address ICT challenges for updated financial reporting.
March 20, 2024
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