The benefits of and journey to full professionalisation

1. A global guide for professionalisation
in public sector finance

2. Achieving the UN Sustainable Development Goals requires effective
government, which in turn depends on high-quality PFM and finance staff

3. What do we mean by professionalisation?
PART 1: Professionalisation is achieved by increasing the number and capability
of skilled finance staff –
• with recognised qualifications,
• regulated by an accountancy body,
• acting in the public interest, and
• abiding by internationally recognised professional and ethical standards.
PART 2: At an advanced level, professionalisation includes:
• Consideration for the learning and development needs and the career
paths for public finance staff
• Finance leadership roles provide accountability for departments and
agencies, and
• A finance leadership team that collaborates through a government-wide
strategy to increase the effectives of financial management
3

4. The benefits of
professionalisation
 Individual
• Diverse and interesting careers
• PAO support
• Remuneration
 Government
• Staff operating to high
professional & ethical standards
• Better quality information for
decision-making
 Whole economy
• Fiscal credibility
• Better outcomes from public
funds

5. The journey to full professionalisation
 Advocacy partners
for political will
 Building structures,
including legislative
/ regulatory
frameworks
 Gap analysis &
competency
frameworks for
adoption
 Recruitment and
upskilling to
support
implementation
 Developing a cross-
function finance
function for
Continuous
improvement

6. Read the guide at:
stories.accaglobal.com/profworkers