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Public finances in Europe

The building of sustainable government policies and programmes in Europe to support economic development and deliver on citizens’ everyday needs requires sound accountancy and financial management.

We believe that governments can do better. Sound accountancy and financial management can help promote greater confidence in the way public monies are used and managed – for today and for tomorrow. Find out about our initiatives to enhance shared understanding of the key issues and to identify opportunities to help improve public finances in Europe and restore confidence in their sustainability.

Sustainable public finances and government accounting in Europe

ICAEW and PwC have been working together to encourage greater focus on the sustainability of public finances in Europe and the critical link to government accounting − with a view to highlighting the pressing need for EU reform in this area. Our latest joint publication brings together a number of independent essays, providing different perspectives on a broad range of sustainable public finance and related issues. It then sets our call for EU reform of government accounting as a matter of priority.

ICAEW – PwC Sustainable public finances: EU perspectives

Since 2013, our joint ICAEW-PwC discussion series on Sustainable public finances: EU perspectives, has brought together experts from a wide range of international, European and national organisations, encompassing both public and private sectors, civil society and academia to explore the most critical themes in public finances and how they relate to each other. In addition to publishing synopses of the discussions, we have also published several related reports .

The future of EU public sector accounting in a global context

With discussion on how to achieve reform of public sector accounting across Europe still ongoing, we continue to press for a broad consensus among both public and private sector stakeholders to assist the reform, building also on the vision and key policy recommendations we set out in 2017.