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The Sir Harry Page Award, recognising excellence in public finance, has been won by Mike Hathorn for his work as Chair of the International Public Sector Accountancy Standards Board (IPSASB), it was announced yesterday. The award was presented to Mr Hathorn by Chris Bilsland, the Chartered Institute of Public Finance and Accountancy (CIPFA) newly appointed president, during CIPFA’s annual conference 2011.
Mike chaired IPSASB from 2007 to 2009, and it is largely due to his personal drive and commitment that the programme of public sector accounting standards came to a successful conclusion with their publication in May 2010, the award judges felt. Indeed, it is widely recognised that the international standards strengthen the accounting profession’s voice in public sector organisations and the world.
The judges were particularly impressed by Mr Hathorn’s success in developing the Rules of the Road, enabling existing International Financial Regulatory Standards to be converted into public sector IPSAS standards and taking advantage, where appropriate, of good practice in the commercial sector. The judges agreed his work had global implications, helping to tackle many problems only a few countries had been able to address in the past. They applauded IPSASB’s outstanding achievement, illustrated by the increasing take up of the standards internationally.
Speaking at the CIPFA annual conference, CIPFA President, Chris Bilsland said:
‘The work that Mike has done on IPSASB is of truly global significance. Its success is already apparent from the increasing take up of the standards internationally.’
On receiving his award, Mike Hathorn said:
‘I am delighted to receive this award, which recognises the important global contribution of IPSASB to better management through the adoption of accrual accounting and greater accountability through transparency in financial reporting in the public sector. It has been a privilege to play a part and work with CIPFA experts throughout my time on the IPSASB.’
The Sir Harry Page Award is given every year by CIPFA for an outstanding technical innovation. Last year’s winner was NHS Sheffield.
CIPFA Press Office
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1. The Sir Harry Page Technical Innovation Merit Award is made for an outstanding piece of technical work within the field of public service accounting and financial management. Sir Harry Page was a former President of CIPFA and City Treasurer of Manchester. The award has been presented annually since 1969 and attracts entries from a wide spectrum of organisations.
2. The CIPFA 2011 Annual Conference is taking place at the International Conference Centre, Birmingham from 5 – 7 July. Guest speakers include the Rt Hon Eric Pickles MP - Secretary of State for Communities and Local Government, leading political journalists Daisy McAndrew and Simon Hoggart, and the Rt Hon Margaret Hodge MP - chair of Parliament’s influential Public Accounts Committee. The event is open to all members of the media. For more information please visit: www.cipfaannualconference.org.uk
3. Further information on IPSASB can be found on the IFAC website.
4. About CIPFA
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services. This includes the development of local professional qualifications in African countries like Lesotho and Nigeria and in Europe in post conflict states in the Balkans.