The International Consortium on Governmental Financial Management (ICGFM

Manuel S. Pietra President
October 16, 2013

• 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.

• 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 ( • Publish the International Journal on Government Financial Management, biannually ( • 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 Education and networking opportunities Two annual international training conferences
Seven DC Forum Speaker Series CPE opportunities  

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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.

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Semi-annual International Journal Complimentary downloads of DC Speaker Series and Conference presentations

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


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