Key Takeaways from hashtag AAAG CEO, FCPA Fredrick Riaga’s Insights at the 2025 Public Financial Management (PFM) Conference in Kampala, Uganda
Session Topic: Professional Accounting Organisations (PAO) Engagement with the Public Sector: Upholding the Public Interest
Mr. Riaga’s Key Insights:
1. The PFM Trilemma: Governments must balance rising public demand for services, declining revenue, and borrowing constraints.
2. The Role of PAOs & Accountants: Professional accountants must play a strategic role in advising governments on financial solutions.
3. Qualification & Experience Gaps: PAOs must ensure accountants have both theoretical knowledge and practical experience to address real-world financial challenges.
4. Strengthening the PFM Value Chain: PAOs and financial professionals must collaborate to create sustainable financial strategies.
Main Message: Accountants and PAOs must take an active role in shaping public financial policies, ensuring sustainable and accountable governance. Africa PFM