“The Architect’s Dream” 1840 Thomas Cole
Today at 16:00 UTC update our understanding of construction spend in educational settlements every month and find that our industry ranks near the top of United States annual spend reported by the Census Bureau — about $100 billion annually — greater than the gross domestic product of more than half the world’s 200-0dd nations. Economic activity at that level, and in this industry, has a few codes, standards, and guidelines related to the financing of public buildings. They vary widely — by country, region, and even at the local level.
- Government Budgeting and Accounting Standards:
- These standards vary by country, but they typically include guidelines for budgeting, accounting, and financial reporting by government entities.
- International Public Sector Accounting Standards:
- IPSAS are a set of accounting standards for use by public sector entities around the world. They cover various financial reporting aspects, including the preparation of financial statements.
- Government Finance Officers Association Best Practices:
- GFOA provides best practices and guidelines for financial management in the public sector, including budgeting, accounting, and debt management.
- Local Government Act or Municipal Act:
- In many jurisdictions, there are specific legislative acts that govern the financial management of local governments or municipalities.
- International Monetary Fund Guidelines:
- The IMF has guidelines on fiscal transparency and financial management for governments.
- World Bank Public-Private Partnership Guidelines:
- The World Bank has guidelines for public financial management and infrastructure projects, including those related to public buildings.
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Related:
What is getting built now: A selection of available building construction cameras:
Management of University Endowment Fund Archives under the Background of Big Data
"The City" 1952 | Edward Bawden https://t.co/An3zzyTSvdhttps://t.co/V0nw80umD4 pic.twitter.com/zm0yvDAdnl
— Standards Michigan (@StandardsMich) November 29, 2023
