The Auditor General of Bhutan participates in the FRED Forum
The Auditor General of Bhutan, Hon’ble Tshering Kezang is participating in the on-going two days Financial Reform for Economic Development (FRED) Forum in Kuala Lumpur, Malaysia.The FRED forum is a joint initiative of Confederation of Asia-Pacific Accountants (CAPA) and the World Bank. It is a flagship event for the accountancy profession in the region that aims to address matters related to accounting, reporting, and auditing that has significant impact on economic development. The Forum focuses on a wide range of issues affecting the private, public, and not-for-profit sectors. The accountancy profession has a key role to play in encouraging, designing or implementing many of the financial reforms and agendas.
This 2016 Public Sector Forum themed “Driving Future Outcomes from Past Experience” explores how improved public financial management contributes to strengthening the public sector, improving government accountability and transparency, and thereby supporting poverty reduction and economic growth. Experts from government, NGOs and the private sector will share their experiences in dealing with challenges as they relate to public financial management, and identify with participants’ practical strategies and programs to enhance implementation of effective public sector financial systems across Asia.
The Forum will probe the role that the accountancy profession can potentially play in improving public financial management, build on identified good practices in public sector accounting and auditing, and explore how these can be mainstreamed across countries for effective resource mobilisation and management.
The forum started on 17th May, 2016 will end today.