Abu Dhabi:The Ministry of Finance convened the Financial Data Forum 2026 in Abu Dhabi as part of its ongoing efforts to advance government financial management, enhance the efficiency of financial statement preparation, and improve the accuracy and reliability of financial data.
According to Wam, the event was attended by Mariam Mohammed Al Amiri, Assistant Undersecretary for the Government Financial Management Sector at the Ministry of Finance, along with representatives of federal entities and accounting and finance graduates from United Arab Emirates University (UAEU), the Higher Colleges of Technology (HCT), and Zayed University (ZU).
The forum aimed to support the sustained application of accounting policies and standards across the federal government, review the latest updates and requirements for implementing new standards, and examine their role in improving the accuracy, quality, and reliability of information presented in financial statements. It addressed a number of key areas aimed at enhancing the readiness of federal entities, including accounting policies, standards adopted across the federal government, and the latest updates to them.
Mariam Mohammed Al Amiri described the Financial Data Forum 2026 as an important platform for aligning efforts between the Ministry of Finance and federal entities and developing a shared approach to applying accounting policies and standards. She emphasized the importance of accurate, high-quality financial data in underpinning reliable financial reporting and supporting sound decision-making.
The forum also sought to foster cooperation and knowledge exchange between federal entities and academic institutions by engaging accounting and finance graduates from UAE universities, helping align academic outcomes more closely with the practical requirements of the government financial sector. Participants discussed the practical challenges associated with applying international standards and explored ways to address them to improve the quality of financial data and the accuracy of final account preparation.
The Ministry continues to monitor updates to the International Public Sector Accounting Standards and to review and update related accounting policies, manuals, and procedures. The forum highlighted the Ministry's role in building institutional capacity across federal entities through specialized courses, training programs, and workshops designed to enhance the capabilities of financial and accounting professionals.