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Weekly Update – Tuesday, February 12, 2013


February 16, 2013

What’s new at FreeBalance?

This weekly news update provides the Government Resource Planning (GRP) community with a brief overview of recent FreeBalance developments and relevant industry news.

Government of Suriname Accelerates Public Financial Management Reform with FreeBalance

FreeBalance recently announced that the Government of Suriname is deploying a comprehensive FreeBalance solution including software, services, support and capacity building. FreeBalance Accountability Suite software is being deployed throughout the government starting with the Ministry of Finance. The implementation will include all line ministries, sub-national governments and parastatal entities (public works and education).

Read more about the Suriname project >>

ICGFM Call for Speakers/Panels/Papers

Five years after the beginnings of the global financial crisis, economic adjustments continue to take place. ICGFM will explore both the proactive measures that have taken place as well as the response that have been undertaken to manage through this period of adjustment. This overall theme will frame the focus of both of its upcoming international conferences. ICGFM solicits proposals for speakers/panels/papers that address good practices in public financial management. Deadline for submitting proposals for the Spring conference: February 22, 2013

Find out more on the ICGFM website >>

Using GRP Systems for Anti-Corruption

We released a set of Public Financial Management (PFM) documents last week following on our mandate of sharing good practices for the community. The fifth released document describes good practices in anti-corruption through the use of Government Resource Planning (GRP) systems. Back and front-office GRP systems can be powerful tools to prevent and uncover financial corruption such as ghost employees, tax evasion and procurement collusion. It’s clear that political will and accountability mechanisms are required to leverage tools. Independent audit and the rule of law are clearly required.

Read the full Good Practice document >>

Strategy in Government Internal Audit

Changes have been brewing in the audit profession for some time. Performance and strategy are now major themes in the public and private sectors. This generated a refreshing and passionate discussion by Jorge da Silva of the Inter-American Development Bank at the International Consortium on Governmental Financial Management (ICGFM) DC Forum yesterday.

Read more>>

The Philippines enhances performance monitoring with IT

A capacity building workshop was held for the legislative staff of local government units to enhance their skills on using IT in tracking and monitoring local government performance, as part of the government’s efforts to promote transparency and greater excellence in local legislation. The activity was organised by the Local Government Capacity development Division of the Department of the Interior and Local Government (DILG) regional office, and was attended by representatives from the municipalities of Aglipay, Cabarroguis, Diffun, Maddela and Nagtipunan.

Read the full article on the Futuregov site >>

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