Report on the Observance ofStandards and Codes, Accounting and Auditing : Module B - Institutional Framework for Corporate Financial Reporting, B.3 Financial Sector - Banking

World Bank

World Bank, Washington, DC

关键词: accounting;    auditing;    international accounting standards;    international financial reporting standards;    banking;   

RP-ID  :  113017

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The purpose of this report is to gain anunderstanding of the financial reporting requirements forthe banks in a jurisdiction in addition to or instead of therequirements for commercial enterprises in general. The termbank in this assessment is used to refer to institutionsauthorized to receive deposits and to lend money as definedby the legal framework in the jurisdiction. There are alsoquestions in relation to the monitoring and enforcementcapacity of the local banking supervisor in respect offinancial reporting of banks specifically. Questions arebased on the internationally-recognized core principles foreffective banking supervision issued by the Basel Committeeon banking supervision, in particular Principle 27 Financialreporting and external audit. The questionnaire isstructured as follows: overview of the banking sector;financial reporting requirements for Banks; statutory auditand other forms of independent assurance; audit committees;filing and publication of financial statements; monitoringand enforcement: financial reporting; and corporate governance.