US EditionKenyan Government to Shift to Accrual Accounting by 2027: A Strategic Financial Overhaul - Nairobi Wire
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Kenyan Government to Shift to Accrual Accounting by 2027: A Strategic Financial Overhaul - Nairobi Wire
The government is gearing up for an important financial shift in a couple of months. By June 2027, the Kenyan National Treasury plans to transition from cash-based to accrual accounting. This change, championed by the Cabinet in 2024, aims to address fiscal challenges like pending bills in the public sector. The plan is laid out in detailed guidelines for accounting officers across government entities, including ministries and county executives.…
·Nairobi, Kenya
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