Key Accounting and Auditing Reforms

World Bank Group

World Bank, Vienna

关键词: ACCOUNTING;    AUDITING;    SMALL AND MEDIUM ENTERPRISES;    SMEs;    ACCOUNTING TRAINING;   

RP-ID  :  129518

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 knowledge paperfocusing on key accounting and auditing reforms is to assistthe government to make informed decisions for future reformactions following the publication of the Macedonian Reporton the Observance of Standards and Codes (ROSC) onAccounting and Auditing (A and A). The paper should be usedas a tool to assist the Ministry of Finance when discussingand further analyzing some possible implications of variousreform actions that the government and key stakeholders maychoose to conduct, as well as provide possible applicationexamples when possible. The government has remainedcommitted to continue its reform efforts in corporatefinancial reporting frameworks and actual practices andimplement the recommendations of the ROSC A and A update.This paper is divided into four thematic areas including:(i) Definition and special Considerations for PublicInterest Entities (PIEs); (ii) Reducing regulatory burdensrelated to compliance with accounting, financial reportingand auditing requirements for Micro and Small and MediumSized Enterprises (SMEs); (iii) public oversight ofstatutory auditors and quality assurance over external auditfunction; and (iv) professional accountancy education and training.