50% of governments to report on accrual basis by 2025, says CIPFA
The report was drawn from the IFAC Index, which captures current and future use of public financial reporting bases and frameworks by governments around the world

By 2025, governments in 50% of jurisdictions will report on an accrual basis, according to the latest report by the International Federation of Accountants (IFAC) and the Chartered Institute of Public Finance and Accountancy (CIPFA).