In a new report published by ACCA, Sustainable public finances through Covid-19, three organisations; ACCA, the World Bank and IFAC, are calling for governments to use public sector balance sheets to properly manage their finances through the pandemic, paying attention to their public sector net worth. 

For some, this means a change in accounting methods from cash to accrual accounting.

For finance professionals this means considering the broader metrics of societal wellbeing and sustainability.

To find out more we spoke to Alex Metcalfe, ACCA’s head of public sector policy in the Professional Insights team.

In a new report published by ACCA, <a href="https://www.accaglobal.com/gb/en/professional-insights/global-profession/Sustainable_public_finances_Covid-19.html">Sustainable public finances through Covid-19</a>, three organisations; ACCA, the World Bank and IFAC, are calling for governments to use public sector balance sheets to properly manage their finances through the pandemic, paying attention to their public sector net worth.&nbsp;
For some, this means a change in accounting methods from cash to accrual accounting.
For finance professionals this means considering the broader metrics of societal wellbeing and sustainability.
To find out more we spoke to Alex Metcalfe, ACCA&rsquo;s head of public sector policy in the Professional Insights team.

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