8 December 2008 — Publication
Several countries have moved or are moving towards accrual accounting either at central government level, local level or both. This continuing trend was highlighted in an earlier Discussion Paper of FEE on “Accrual Accounting in the Public Sector”. FEE has now examined whether the wider use of accrual accounting in the public sector has affected public sector audit. FEE undertook a survey covering 26 countries and assessed what implications there are for educating an auditor undertaking public sector audit. FEE is now publishing its Discussion Paper “Implementation of Accrual Accounting: The Impact on Public Sector Audit”.