Conseil de normalisation des comptes publics

The Public Sector Accounting Standards Council was established by the annual Budget Act on the 30th December 2008 and supersedes the Public Accounting Standards Committee. This new Council is in charge of setting the accounting standards of all entities with a non-market activity and primarily funded by public funding, including contributions. The Central Government and the government- organisations, territorial authorities and local public agencies, social security organisations are all within the jurisdiction of the CNOCP. Extending the scope of the former Public Accounting Standards Committee which used to only regulate the French Central government accounting standards has empowered Public Finances with the ability to deal with a consistent accounting policy for the whole of French Public Administrations.

Read more