Publication: Maldives - Public Sector Accounting and Auditing : A Comparison to International Standards
Date
2007-06
ISSN
Published
2007-06
Author(s)
World Bank
Abstract
This assessment of public sector
accounting and auditing standards purpose is to assist with
the implementation of more effective public financial
management (PFM) through better quality accounting and
public audit processes in Maldives. The specific objectives
are (a) to provide the country's accounting and audit
authorities and other interested stakeholders with a common
well-based knowledge as to where local practices stand in
comparison with internationally developed standards of
financial reporting and audit; (b) to assess the prevailing
variances; (c) to chart paths to reduce the variances; and
(d) to provide a continuing basis for measuring
improvements. Annex A explains the methodology used for the
study. Annex B provides a summary of international
accounting and auditing standards referred to in this study.
Annex C and D provide country accounting and auditing
legislation, respectively. Lastly, Annex E includes a
description of the benefits of accrual accounting.
Citation
“World Bank. 2007. Maldives - Public Sector Accounting and Auditing : A Comparison to International Standards. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/56a6ffb1-b1df-5cf3-bda9-f4a22bc7c975 License: CC BY 3.0 IGO.”