How do financial reports and financial statistics «work together»? What are the future challenges?
What could be learned from Korea and what could be learned from Switzerland? To understand this topic further a panel of experts from the Korea Institute of Public Finance and the ZHAW School of Management and Law (Switzerland) have been brought together to give their perspectives on issues related to financial reporting in a Workshop and panel discussion followed by a networking lunch at 13:00.
Korea and Switzerland have taken an approach referencing accrual based government financial reporting (IPSAS) and government finance statistics (GFSM2001), and are using these international standards as a reference, both Countries are at the forefront of integrated public financial management.
This half-day workshop will explore the modernization of public accounting, sustainable financial management, financial governance and planning systems and government finance statistics. Participants in the workshop will be able to exchange experiences and share ‘best practice’ from a Korean
and Swiss viewpoint.