A prestigious award recognising excellence in public finance has been won by the International Public Sector Accounting Standards Board (IPSASB).
The Sir Harry Page Merit Award is presented annually by the Chartered Institute of Public Finance and Accountancy (CIPFA) for work in the field of public service accounting and financial management.
IPSASB won the award for its development of the IPSASB Conceptual Framework. The framework represents a key development in global public sector financial reporting summarising for the first time the unique characteristics of the public sector and their impact on financial reporting.
Announcing the winning entry at CIPFA’s Annual Conference, new President John Matheson, said:
“I am delighted to present this year’s Sir Harry Page Merit Award to the International Public Sector Accounting Standards Board.
“This Framework breaks new ground and will shape the future development of International Public Sector Accounting Standards and public sector financial reporting more generally for many years to come.”
The Sir Harry Page Award was established by Sir Harry Page, CIPFA President in 1968 and first presented in 1969.
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The Sir Harry Page Award is awarded annually at the CIPFA Annual Conference for an outstanding piece of work in the field of public service accounting and financial management (awarded to an individual or group). The award was first established by Sir Harry Page, CIPFA President in 1968 and first presented in 1969.