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PIPFA Journal Message
Message of the President

I, on behalf of the Board of Governors of PIPFA, am delighted to present the 23rd Volume of PIPFA
Journal covering the theme “Cloud Based Accounting and Performance Management of Public
Sector”.

Cloud computing is on everybody’s mind as all the major technology companies are now offering
some form of cloud storage and computing for consumers and businesses. Cloud computing has
created a revolution in the way information technology is being used by organizations and
individuals.

During the ongoing decade, E-Government has emerged as dominating feature of provision of
e-services to the public as well as the other stakeholders. These services include online registration
and filing of statutory returns by Federal Board of Revenue (FBR), Securities & Exchange
Commission of Pakistan (SECP), NADRA and many other public sector organizations. The other
functions such as e-learning, online payment of utility bills, healthcare, banking, salary
disbursement, information sharing and many others, have also added to online services.
Cloud computing promises a cost-effective realization of the utility computing principle, allowing
users and providers easy access to resources in a self-service, pay-as-you-go style, thus
decreasing cost for system administration and improving resource utilization. Over the last few
years, the Cloud computing has generated a major impact on the global IT ecosystem, giving rise
to new markets and new user communities. This initiative of government’s broader public services
has been revolutionized by cloud computing, which has resulted in reduction of costs, convenience
to the public and increased compliance.

Public Finance Management (PFM) is an indispensable fragment of the development process in
any country. The cumulative control, accountability and efficiency in the management of public
resources and prioritization of policies are essential for the attainment of public policy goals as
backed by a comprehensive Public Finance Management Systems & Controls. The Resources and
provision of information to stakeholders will lead to transparency and timely decision-making.

The main challenge for E-Governance in Pakistan is the low literary rate, resistance to change to
electronic mode, issues in management and deployment of huge ICT in infrastructure, internet
connectivity and less collaboration between different organizations.
Your Institute is playing its effective role to support Public Financial
Management in the country through quality education and training to
various supreme public offices to create tactical and practical
knowledge base in public and corporate sectors to ensure reforms in
the fields of Accounting, Public Finance and Audit.

The articles in 23rd Issue of PIPFA Journal are aimed to provide
knowledge on improvements that can be made in Public Financial
Management through integration of Cloud Based Accounting.
We would like to hear from you about cloud based accounting and
how it can impact the performance of public sector organizations. As
always, the team at PIPFA Journal welcomes any feedback
member@pipfa.org.pk
Mr. M. Ali Latif-FCA
02 January-June, 2018