Go figure: why public accounting doesn't add up on social value

Jeremy Nicholls 5th October 2021

Accounting in the public sector should be all about serving the public interest, right? But what if the current system overlooks people’s wellbeing to focus only on financials – and what if public sector accounts are ‘materially misstated’? Our columnist gets anxious as he submerges himself in the alphabet soup of global public sector accounting standards – and proposes a simple addition to bring social value back to the surface.

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Go figure: why public accounting doesn't add up on social value

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Go figure: why public accounting doesn't add up on social value

You need to be a Pioneers Post member to access this story.

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Not a member yet? Click below to unlock unrestricted access to all our content – stories and insight from two decades of specialist coverage from around the world.