FreeBalance Shares Public Financial Management Domain Expertise at ICGFM Annual Winter Conference

Conference to explore new standards to enhance transparency and program performance

Ottawa, Canada (December 6, 2010)– FreeBalance, a Government Resource Planning (GRP) software company, today announced it is participating in the International Consortium on Governmental Financial Management (ICGFM) Winter Conference. The event runs from December 6-8, 2010 in Washington, DC. The ICGFM conference provides opportunities to discuss ideas and policies with government financial managers from around the world. Representatives from Africa, Asia, Europe, Latin America, the Caribbean, and North America will share practical experiences in adopting and implementing new standards in the public financial world (PFM) world. For more information, visit www.icgfm.org.

The 2010 Winter Conference is focused on the global demand for greater transparency in public finances. Conference topics to include: international accounting and reporting standards adoption, and what technical standards to use when delivering content on the Internet. Valuable information on how countries are implementing these new standards as well as the newest techniques to meet the demand for transparency will be discussed. For those unable to attend, event details and presentations will be posted via social media and web 2.0 tools.

“The ICGFM Winter Conference theme aligns well with the FreeBalance vision for improving transparency and accountability of public funds,” said Doug Hadden, VP Products at FreeBalance. “The ICGFM provides the global public financial management community with the opportunity to exchange ideas, good practices, and lessons learned. We fully support this collaborative approach and to enhancing the management of public resources to improve service delivery to citizens.”

During the ICGFM conference, presentations, blog posts, and other web 2.0 social networking tools will be available, including:

Event blog: http://icgfm.blogspot.com/
Picture gallery: http://www.flickr.com/photos/icgfm/
Videos: http://www.youtube.com/user/icgfmconference
Presentations: http://www.youtube.com/user/icgfmconference
Documents and Journal Articles: http://www.scribd.com/icgfmconference
Social Networking: http://www.linkedin.com/groups?gid=1677477
Twitter: http://twitter.com/freebalance

FreeBalance customers span the globe and the user community includes public financial management professionals in 18 countries, including Afghanistan, Iraq, Kosovo, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda among others. FreeBalance operates in 15 customer time zones. FreeBalance has more than 60,000 users around the world. FreeBalance software manages a global civil service workforce of 1,500,000, and also manages a quarter trillion ($US) annual budgets worldwide.

About ICGFM
Working globally with governments, organizations, and individuals, the International Consortium on Governmental Financial Management is dedicated to improving financial management by providing opportunities for professional development and information exchange. The International Consortium on Government Financial Management (ICGFM) was established over two decades ago to serve as an international forum for public sector financial managers.

ICGFM is a non-profit organization dedicated to improving public financial management so that governments may better server their citizens. The ICGFM provides knowledge transfer for good practices through conferences, forums and the publication of the International Journal on Government Financial Management. More at www.icgfm.org.

About FreeBalance
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management support reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results. For more information, visit www.freebalance.com.

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