As a side event to the World Bank’s Ministerial Conference taking place on 27 November 2018, the annual Senior Officials workshop took place to jointly review progress made in the strengthening auditing and reporting program in Eastern partnership countries and discuss priorities going forward. The program has helped launch and implement critical reform efforts to strengthen the financial reporting frameworks in the beneficiary countries with a view to strengthening the improved financial management practices in the private sector and among state-owned enterprises, enhanced quality of audit and business advice by the accounting profession, and supporting a more conducive business enabling environment and improved access to finance. The combination of: (i) a strong regional aspect of the program facilitating peer exchange, joint-learning, discussion of experiences within communities of practice, regular exposure to international best practice, and (ii) targeted country-level assistance within one program is regarded as instrumental element to the successes achieved.
Detalhes
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Data do documento
2018/09/26
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TIpo de documento
Report
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No. do relatório
142378
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Nº do volume
1
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Total Volume(s)
1
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País
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Região
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Data de divulgação
2019/10/03
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Disclosure Status
Disclosed
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Nome do documento
Joint Communique on Progress Made in Reform Implementation and Continuation of the Strengthening Auditing and Reporting Program in Countries of the Eastern Partnership
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Palavras-chave
reform effort; public oversight; accounting and auditing standard; financial reporting; beneficiary country; quality of audit; public interest entity; financial sector supervision; international good practice; small and medium enterprise; financial information; professional development; community of practice; access to finance; minister of finance; Business Enabling Environment; state-owned enterprise; professional accounting; banking regulators; auditing practice; participating country; joint communique; business partner; financial market; tax authority; tax authorities; legislation change; regional aspect; regular exposure; funding gap; several areas; financial statement; continuous education; accounting profession; legal framework; legal norm; program beneficiary; audit function; education systems; university level; financial specialist
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