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Service 12 · Govern & Assure

Public Financial Management & Fiscal Governance

We help ministries of finance, treasuries and public institutions strengthen fiscal discipline, allocate resources better, improve accountability and modernise public financial management systems.

Book a consultationWhat we do

Challenges we address

Situations where organisations typically ask us for help.

  • Budgets lack credibility

    Actual spending departs from approved budgets, and expenditure controls are weak.

  • Cash is spread across many accounts

    Without a Treasury Single Account and cash forecasting, government cannot see or manage its liquidity.

  • Reporting falls short of international standards

    Accounts are cash-based or incomplete, which limits fiscal transparency and accountability.

  • Procurement and financial systems need reform

    Procurement rules, e-procurement and financial management systems do not support control or transparency.

What we do

  • Budget Reform & Performance

    Medium-term and programme-based budgeting, expenditure controls, budget credibility and fiscal accountability.

  • Macro-Fiscal Management

    Revenue and expenditure forecasting, fiscal risk analysis, medium-term fiscal frameworks and scenario planning.

  • Treasury & Cash Management

    Treasury Single Account, cash forecasting, commitment controls, government banking and liquidity management.

  • Government Accounting & Reporting

    IPSAS adoption, cash-to-accrual transition, consolidated financial statements and fiscal transparency.

  • Public Procurement Reform

    Procurement governance, regulatory frameworks, e-procurement, contract management and transparency.

  • Financial Management Information Systems

    IFMIS strategy, process redesign, systems integration, reporting and implementation assurance.

Our approach

  1. Diagnose

    Institutions, systems and performance.

  2. Prioritise

    Reforms by fiscal impact and feasibility.

  3. Design

    Frameworks, processes and systems.

  4. Implement

    Reform execution and capability.

  5. Monitor

    Fiscal outcomes and accountability.

Key deliverables

  • PFM reform strategy
  • Medium-term fiscal framework
  • Procurement governance framework
  • IFMIS transformation plan

Frameworks & standards

  • PEFA
  • IMF Fiscal Transparency Code
  • GFSM 2014
  • IPSAS
  • MAPS

Why KAN

  • Team members who have led major PFM and fiscal reform programmes
  • Established working relationships with ministries of finance, treasuries and IFIs
  • Combines fiscal policy, institutions and technology

How we can help

  • Strengthen fiscal discipline and transparency
  • Make budgets more credible and spending more effective
  • Modernise treasury, procurement and IFMIS
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Frequently asked questions

Which PFM frameworks do you use?

PEFA, the IMF Fiscal Transparency Code, the Government Finance Statistics Manual (GFSM 2014), IPSAS and the Methodology for Assessing Procurement Systems (MAPS).

Can you support IPSAS adoption?

Yes, including the transition from cash to accrual accounting, consolidated financial statements and wider fiscal transparency.

Do you help implement an IFMIS?

Yes. We cover IFMIS strategy, process redesign, systems integration and reporting, and provide implementation assurance.

How do you decide which reforms come first?

After a diagnostic of institutions, systems and performance, we prioritise reforms by fiscal impact and feasibility, then design, implement and monitor them.

Who do you work with?

Ministries of finance, treasuries and public institutions. Team members have led major PFM and fiscal reform programmes. Engagements are led by our core team and, where an assignment needs it, draw on our international network of experienced practitioners and technical specialists, matched to the work and the market.

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