Pakistan Institute of Public Finance Accountants (PIPFA) representing more than 7,700 members and the Chartered Institute of Public Finance & Accountancy (CIPFA) representing approximately 14,000 members around the world, have signed a Memorandum of Understanding for bilateral collaboration for the advancement of high quality public financial management in Pakistan. Both organizations shall work towards strengthening and developing the accounting profession in the public sector to strengthen public financial management in Pakistan.

As said by Rob Whiteman, CIPFA and PIPFA are both committed to serving the public interest and have signed MoU to build capacity in public financial management in Pakistan and CIPFA will work with PIPFA to enhance capabilities within public finance in the country. The MoU was signed between the Honorable President M Ali Latif oF PIPFA (Partner Muniff Ziauddin & Co, Chartered Accountants) and CEO of CIPFA Rob Whiteman, in Birmingham, UK, at the CIPFA annual conference.-PR

Copyright Business Recorder, 2019