Accountancy bodies publish new edition of International Framework: Good Governance in the Public Sector

Published last month (30 March), the 2026 Edition updates the original 2014 Framework to reflect developments over the past decade.

The Framework is designed for anyone responsible for or involved in the governance of public sector entities, regardless of size, structure, or jurisdiction such as:

• Governing bodies (such as boards, councils, or oversight committees);
• Senior management teams;
• Public officials and executives across ministries, departments, agencies, and state-owned enterprises;
• Auditors, advisors, and regulators who assess or support governance arrangements; and
• Policy makers and standard setters.

According to CIPFA’s Chief Executive Officer, Owen Mapley, the new edition maintains the Framework’s “clear focus on principles”, but presents them in a “more concise, practical, and action-oriented format”.

Good governance ensures that public sector entities define and achieve their intended outcomes while acting in the public interest at all times.

CIPFA noted: “It enables them to serve with integrity, transparency, and accountability, building trust in public institutions and reducing the risk of fraud and corruption.

“Grounded in clear values, proportionate controls, and respect for the rule of law, good governance supports inclusive engagement, informed decisions, and the efficient and effective use of public resources.”

The 2026 Edition updates the original Framework to ensure its continued relevance in today’s environment, including progress in sustainability reporting, the CIPFA noted.

The Framework remains principles-based and structured around seven high-level, interrelated principles for good governance.

Owen Mapley said: “The 2026 Edition maintains the Framework’s clear focus on principles, but presents them in a more concise, practical, and action-oriented format. It provides governments and public sector leaders with an adaptable and accessible tool to support improvement and accountability.”

Lee White, IFAC Chief Executive Officer, said: “The Framework reaffirms that good governance enables public sector entities to deliver meaningful outcomes for current citizens while protecting the interests of future generations. By providing a globally recognized benchmark, it supports IFAC members in advancing high-quality practices and strengthening trust in public institutions worldwide.”

“Each of the seven principles is accompanied by a set of questions designed to prompt critical thinking and meaningful discussion among leadership teams. The Framework is intended as a diagnostic and developmental tool to support entities, reviewers, and advisors in assessing governance practices, identifying areas of strength, and planning improvements. It complements jurisdictional or sectoral governance codes, serving as a useful reference to those developing, updating, or reviewing such codes.”

The updated Framework will be utilised in community discussions around the globe and explored at a global webinar, From Principles to Practice: The 2026 Framework for Good Governance in the Public Sector on 6 May.

Lottie Winson