The General Assembly Of The United Nations has approved a financial management reform programme that calls for the adoption of international public-sector accounting standards by the UN.

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The General Assembly Of The United Nations has approved a financial management reform programme that calls for the adoption of international public-sector accounting standards by the UN. This is seen as critical to maintain and enhance the credibility, transparency and authority of its financial processes and, as a result, the UN will move from a system of modified accrual to full accrual.

"The reform programme enables the UN and its agencies to have a...

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