Public Sector Finance

Assisting Malaysian public sectors to improve transparency and gain greater credibility

Our Public Sector Finance specialists work with clients to help them improve the quality and credibility of their financial management information, while guiding them in using reporting for compliance and performance improvement.

Specifically, we provide assistance in the areas of accounting advice, process and change management, financial management reporting and system improvements.

Our services include

IPSAS and MPSAS conversion and implementation

We can assist you in rolling out a well-planned and efficient IPSAS and MPSAS conversion and implementation, helping you improve accounting, transparency and gain greater credibility

IPSAS and MPSAS conversion 

Our International Public Sector Accounting Standards (IPSAS) / Malaysia Public Sector Accounting Standards (MPSAS) conversion methodology involves a three-phased approach, namely:

  • Phase 1: Gap analysis and roadmap
  • Phase 2: Conversion
  • Phase 3: Embedding
IPSAS and MPSAS accounting advice 

We can help you by providing:

  • Gap analysis between current accounting standards and IPSAS/MPSAS.
  • Advise on specific accounting issues.
  • Quick, reliable access to a team of practitioners for adhoc requests or regular discussions.
IPSAS and MPSAS training 

We can work with you to:

  • Provide advanced and tailored training.
  • Raise staff awareness on IPSAS/MPSAS.
  • Deliver updates on standards developments.
Project and change management 

We can help you manage all or part of the IPSAS/MPSAS conversion process by:

  • Optimising project management.
  • Changing management processes.

Process and system improvement

We have the tools and expertise needed to help you:

  • Review existing process and information systems.
  • Leverage IPSAS/MPSAS to streamline business processes.
  • Ensure changes to your organisation and business processes are effectively translated into the IT environment.
  • Ensure that the new IPSAS/MPSAS environment complies with your existing regulatory framework.

 

Financial management and reporting

We can help you improve the quality and credibility of your financial management information and guide you in using reporting for compliance and performance improvement by:

  • Enhancing transparency in your reporting.
  • Improving operational performance.

Assurance related work and statutory audits

We can provide you with a range of assurance related work and statutory audit of your financial statements and reports.

Contact us

Choo Wai Ting

Choo Wai Ting

Partner, Risk Services, PwC Malaysia

Tel: +60 (3) 2173 0554

Farhana Jabir

Farhana Jabir

Director, Assurance, PwC Malaysia

Tel: +60 (3) 2173 0970

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