presentation by International Consortium on Governmental Financial Management (ICGFM) President Manuel Pietra at East and South African Accountants General (ESAAG) meeting in Cape Town South Africa. Benefits include networking with PFM professionals, sharing lessons learned, 2 annual conferences, participating in global survey and publishing to journal
2. Background
• ICGFM is unique in the financial management
community.
• Founded in 1977 by distinguished &
international group of financial management
professionals from government and academia.
• Recognized the need for various financial
practitioners to engage in dialogue about their
perspectives for improving government financial
management.
3. Background
• ICGFM became the first “umbrella”
organization composed of:
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Government entities
University Departments
Private Firms
Professional Associations
All devoted to improving financial
management.
4. Our Programs
• We support our members and others by
promoting and supporting:
– professional development activities &
– information exchanges that advance
effective governmental financial
management
• Principles
• Standards
• Practices
5. Our Members
ICGFM members work at all
levels of Government
(local/municipal;
state/provincial; and
national levels) and include:
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Accountants & Financial Managers
Advisory specialists & consultants
Auditors
Comptrollers
Information technology specialists
Treasurers
Procurement & Expenditure
Managers
• Legal Reformers and Regulators
6. Purpose and Objectives
• Exchanging information and ideas, including providing
an international clearinghouse of information relevant
to governmental financial management
• Researching, training and publicizing results
• Organizing liaisons between individual organizations to
promote mutual objectives
7. Purpose and Objectives (cont.)
• Maintaining high professional standards amongst Public
Financial Managers
• Collaborating in development programs delivering PFM
technical assistance
• Conducting global surveys and thought leadership materials
critical to trending government issues in PFM and broadly
disseminating these materials internationally
8. Programs & Activities
• Biannual Conferences in Washington and Miami bringing
practitioners together to share best practices, experiences in the
field and emerging issues (http://www.icgfm.org/)
• Publish the International Journal on Government Financial
Management, biannually (http://www.icgfm.org.journal.htm)
• Conduct an annual Global Financial Management Leaders Survey
• Host monthly DC Forums on important topics related to PFM best
practices and emerging trends
• Developed an IPSAS Compilation and Certification Program for
Developing Countries
9. Technical Areas of Focus
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Accounting
Auditing
Budgeting
Data Processing
Debt Administration
Retirement Administration
Treasury Management
11. Membership Benefits
Showcase and communicate projects
globally through ICGFM programs,
publications, and support
Two annual international training
conferences
Seven DC Forum Speaker Series
CPE opportunities
Semi-annual International Journal
Complimentary downloads of DC Speaker
Series and Conference presentations
Surveys conducted by ICGFM in conjunction
with Grant Thornton expands collective
knowledge
ICGFM networking provides you access to a
global community of members including
private and public organizations, including
national audit offices/supreme audit
institutions, finance ministries/treasury
departments, regional and international
development banks, professional
associations, donor organizations, private
sector firms, and individuals.
Education and networking opportunities
12. Membership Opportunities
• Sustaining Member
• Organizations promoting professional development,
training, research or technical assistance in financial
management; willing to assume responsibility for and to
actively participate in the affairs of the Consortium.
– An automatic seat on the Board of Directors
– Company logo and link posted on the ICGFM website
– Reduced member rate for DC Forums
13. Membership Opportunities
• Organization Member:
• Government entities with financial management
responsibilities, educational institutions, firms, regional
and governmental organizations and other professional
associations.
– Six Organization Members serve on the Board of Directors
– Reduced member rate for DC Forums
14. Membership Opportunities
• Individual Member:
• Persons interested in or dedicated to activities directly
related to financial management and swho wish to be
members in their own right.
– Six Individual Members serve on the Board of Directors
– Reduced member rate for DC Forums