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The International Consortium
on Governmental Financial
Management (ICGFM)
Manuel S. Pietra
President

October 16, 2013
Background
• ICGFM is unique in the financial management
community.
• Founded in 1977 by distinguished &
international group of financial management
professionals from government and academia.
• Recognized the need for various financial
practitioners to engage in dialogue about their
perspectives for improving government financial
management.
Background
• ICGFM became the first “umbrella”
organization composed of:
–
–
–
–
–

Government entities
University Departments
Private Firms
Professional Associations
All devoted to improving financial
management.
Our Programs
• We support our members and others by
promoting and supporting:
– professional development activities &
– information exchanges that advance
effective governmental financial
management
• Principles
• Standards
• Practices
Our Members
ICGFM members work at all
levels of Government
(local/municipal;
state/provincial; and
national levels) and include:
•
•
•
•
•
•
•

Accountants & Financial Managers
Advisory specialists & consultants
Auditors
Comptrollers
Information technology specialists
Treasurers
Procurement & Expenditure
Managers
• Legal Reformers and Regulators
Purpose and Objectives
• Exchanging information and ideas, including providing
an international clearinghouse of information relevant
to governmental financial management

• Researching, training and publicizing results
• Organizing liaisons between individual organizations to
promote mutual objectives
Purpose and Objectives (cont.)
• Maintaining high professional standards amongst Public
Financial Managers
• Collaborating in development programs delivering PFM
technical assistance
• Conducting global surveys and thought leadership materials
critical to trending government issues in PFM and broadly
disseminating these materials internationally
Programs & Activities
• Biannual Conferences in Washington and Miami bringing
practitioners together to share best practices, experiences in the
field and emerging issues (http://www.icgfm.org/)
• Publish the International Journal on Government Financial
Management, biannually (http://www.icgfm.org.journal.htm)
• Conduct an annual Global Financial Management Leaders Survey
• Host monthly DC Forums on important topics related to PFM best
practices and emerging trends
• Developed an IPSAS Compilation and Certification Program for
Developing Countries
Technical Areas of Focus
•
•
•
•
•
•
•

Accounting
Auditing
Budgeting
Data Processing
Debt Administration
Retirement Administration
Treasury Management
Upcoming Events:
The Winter Training
Conference:

December 9-10-11,
2013
Washington, DC
Membership Benefits


Showcase and communicate projects
globally through ICGFM programs,
publications, and support



Two annual international training
conferences



Seven DC Forum Speaker Series



CPE opportunities



Semi-annual International Journal



Complimentary downloads of DC Speaker
Series and Conference presentations

Surveys conducted by ICGFM in conjunction
with Grant Thornton expands collective
knowledge



ICGFM networking provides you access to a
global community of members including
private and public organizations, including
national audit offices/supreme audit
institutions, finance ministries/treasury
departments, regional and international
development banks, professional
associations, donor organizations, private
sector firms, and individuals.

Education and networking opportunities




Membership Opportunities
• Sustaining Member
• Organizations promoting professional development,
training, research or technical assistance in financial
management; willing to assume responsibility for and to
actively participate in the affairs of the Consortium.
– An automatic seat on the Board of Directors
– Company logo and link posted on the ICGFM website
– Reduced member rate for DC Forums
Membership Opportunities
• Organization Member:
• Government entities with financial management
responsibilities, educational institutions, firms, regional
and governmental organizations and other professional
associations.
– Six Organization Members serve on the Board of Directors
– Reduced member rate for DC Forums
Membership Opportunities
• Individual Member:
• Persons interested in or dedicated to activities directly
related to financial management and swho wish to be
members in their own right.
– Six Individual Members serve on the Board of Directors
– Reduced member rate for DC Forums
JOIN US!

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Benefits of Joining ICGFM

  • 1. The International Consortium on Governmental Financial Management (ICGFM) Manuel S. Pietra President October 16, 2013
  • 2. Background • ICGFM is unique in the financial management community. • Founded in 1977 by distinguished & international group of financial management professionals from government and academia. • Recognized the need for various financial practitioners to engage in dialogue about their perspectives for improving government financial management.
  • 3. Background • ICGFM became the first “umbrella” organization composed of: – – – – – Government entities University Departments Private Firms Professional Associations All devoted to improving financial management.
  • 4. Our Programs • We support our members and others by promoting and supporting: – professional development activities & – information exchanges that advance effective governmental financial management • Principles • Standards • Practices
  • 5. Our Members ICGFM members work at all levels of Government (local/municipal; state/provincial; and national levels) and include: • • • • • • • Accountants & Financial Managers Advisory specialists & consultants Auditors Comptrollers Information technology specialists Treasurers Procurement & Expenditure Managers • Legal Reformers and Regulators
  • 6. Purpose and Objectives • Exchanging information and ideas, including providing an international clearinghouse of information relevant to governmental financial management • Researching, training and publicizing results • Organizing liaisons between individual organizations to promote mutual objectives
  • 7. Purpose and Objectives (cont.) • Maintaining high professional standards amongst Public Financial Managers • Collaborating in development programs delivering PFM technical assistance • Conducting global surveys and thought leadership materials critical to trending government issues in PFM and broadly disseminating these materials internationally
  • 8. Programs & Activities • Biannual Conferences in Washington and Miami bringing practitioners together to share best practices, experiences in the field and emerging issues (http://www.icgfm.org/) • Publish the International Journal on Government Financial Management, biannually (http://www.icgfm.org.journal.htm) • Conduct an annual Global Financial Management Leaders Survey • Host monthly DC Forums on important topics related to PFM best practices and emerging trends • Developed an IPSAS Compilation and Certification Program for Developing Countries
  • 9. Technical Areas of Focus • • • • • • • Accounting Auditing Budgeting Data Processing Debt Administration Retirement Administration Treasury Management
  • 10. Upcoming Events: The Winter Training Conference: December 9-10-11, 2013 Washington, DC
  • 11. Membership Benefits  Showcase and communicate projects globally through ICGFM programs, publications, and support  Two annual international training conferences  Seven DC Forum Speaker Series  CPE opportunities  Semi-annual International Journal  Complimentary downloads of DC Speaker Series and Conference presentations Surveys conducted by ICGFM in conjunction with Grant Thornton expands collective knowledge  ICGFM networking provides you access to a global community of members including private and public organizations, including national audit offices/supreme audit institutions, finance ministries/treasury departments, regional and international development banks, professional associations, donor organizations, private sector firms, and individuals. Education and networking opportunities  
  • 12. Membership Opportunities • Sustaining Member • Organizations promoting professional development, training, research or technical assistance in financial management; willing to assume responsibility for and to actively participate in the affairs of the Consortium. – An automatic seat on the Board of Directors – Company logo and link posted on the ICGFM website – Reduced member rate for DC Forums
  • 13. Membership Opportunities • Organization Member: • Government entities with financial management responsibilities, educational institutions, firms, regional and governmental organizations and other professional associations. – Six Organization Members serve on the Board of Directors – Reduced member rate for DC Forums
  • 14. Membership Opportunities • Individual Member: • Persons interested in or dedicated to activities directly related to financial management and swho wish to be members in their own right. – Six Individual Members serve on the Board of Directors – Reduced member rate for DC Forums