Government and public sector
The public sector faces a host of complex challenges and opportunities amid a fast-changing climate with competing social, environmental and political agendas. From the digital transformation of services to maintaining transparency and accountability, these organisations must ensure their corporate governance responsibilities are met and will satisfy rigorous reviews.
Public sector organisations not only need a trusted advisor but may also require a resource extension when they do not have adequate financial or human resources to perform the accounting and financial reporting services to meet their obligations. The ability to understand the evolving needs of stakeholders and how this impacts the way public sector organisations operate is critical in ensuring effective strategy and service delivery models.
Whether your organisation’s structure or service delivery models have been disrupted by technology and budget constraints or you don’t have the internal resources to meet your reporting obligations, you need the expertise of a team that understands all facets of the public sector. We work with a diverse range of businesses across the sector, including:
- Public sector departments and agencies
- Utilities providers
- Public health and education providers
- Regulatory bodies
Change can be difficult to implement in the public sector. Governments and public sector organisations need to address a range of issues each day to ensure opportunities can be realised without compromising service delivery or regulatory obligations.
Challenges
Some of the key challenges that public sector organisations face include fit-for-purpose accountability, demonstrating value for money, effective approaches to performance management, building public service capability, safeguarding citizen satisfaction and trust, providing for effective policy delivery integration, and supporting non-government providers. Understanding these challenges and how to address them is critical to your organisation’s strategy.
Opportunities
Technological innovation and big data are two key opportunities for the public sector. Further, with the growing need for people to have 24/7 access to information and services, the digitisation of government services is providing new and improved ways for people to interact with the public sector. This digitisation also provides new opportunities for public sector organisations to better engage with their communities and provide additional transparency.
Our extensive experience across the public sector includes audit, business advisory, risk management, taxation advisory and business and systems improvement.
We have an independent and commercially based view of performance with the ability to identify and manage risks and advise on a range of matters. These include meeting your regulatory obligations and providing vital support where your organisation may not have the internal resources or capabilities to carry out its accounting and financial reporting.
With a strong understanding of how different organisations interact with you as a public sector organisation, we recognise and assure you have the right financial and accounting reporting systems and processes in place to ensure your service delivery continues in a transparent and accountable manner.
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