Thursday , January 24 2019

Dubai DoF, Deloitte sign deal to implement IPSAS


The Department of Finance (DoF) of the Government of Dubai announced a strategic partnership agreement with Deloitte to enable the Government of Dubai to implement International Public Sector Accounting Standards (IPSAS).
DoF signed the agreement with Deloitte, the world’s largest professional services firm, as part of its continuous improvement of financial reporting across the Government of Dubai, enabling effective decision-making and delivering to DoF’s Strategic Plan 2017-2021 on the adoption of international accounting standards.
The strategic partnership agreement was signed by Abdulrahman Saleh Al-Saleh, Director General of DoF, and Maher Al-Khalil, Member of the Board of Directors at Deloitte Middle East and Managing Partner of Consulting Operations services in the region.
DoF emphasised that it embarked on the implementation phase of IPSAS in close collaboration with the finance leadership of the Government of Dubai entities and in partnership with the
Deloitte specialists.

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