Publication: Republic of Rwanda : Accounting and Auditing
dc.contributor.author | World Bank | |
dc.date.accessioned | 2012-06-14T13:48:52Z | |
dc.date.available | 2012-06-14T13:48:52Z | |
dc.date.issued | 2008-06-19 | |
dc.description.abstract | This report is an assessment of the corporate sector accounting, financial reporting, and auditing practices within Rwanda. This Report on the Observance of Standards and Codes (ROSC) is benchmarked to International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA) and draws on international experience and good practices to assess the strengths and weaknesses of the institutional underpinnings of corporate financial reporting and make policy recommendations. This assessment is mainly aimed at preparing a road map for institutional capacity building including development of the accountancy profession for bolstering the corporate sector accounting, financial reporting, and auditing in Rwanda. Rwanda is making considerable effort to align its accounting and auditing practices with internationally accepted standards and codes. Along with its growing economy, Rwanda must take effective steps for strengthening all the pillars of the infrastructure of accounting and auditing in line with the international good practices. The ROSC review findings reveal that there are varying compliance gaps in both accounting and auditing practices in Rwanda. These gaps stem from lack of clearer understanding among practicing accountants and auditors about the requirements of internationally accepted standards, inadequate technical capacities of the regulators, absence of implementation guidance, lack of independent oversight of the auditing profession, and shortcomings in professional education and training. The Institute of Certified Public Accountants of Rwanda (ICPAR) will assume the role of the self-regulatory professional accountancy body in the country. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2008/06/10038406/republic-rwanda-report-observance-standards-codes-rosc-accounting-auditing | |
dc.identifier.doi | 10.1596/7975 | |
dc.identifier.uri | https://hdl.handle.net/10986/7975 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | Washington, DC | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | ACCESS TO CREDIT | |
dc.subject | ACCOUNT | |
dc.subject | ACCOUNTANCY | |
dc.subject | ACCOUNTANCY FIRMS | |
dc.subject | ACCOUNTANTS | |
dc.subject | ACCOUNTING | |
dc.subject | ACCOUNTING CURRICULA | |
dc.subject | ACCOUNTING FIRMS | |
dc.subject | ACCOUNTING FRAMEWORK | |
dc.subject | ACCOUNTING POLICIES | |
dc.subject | ACCOUNTING PRACTICES | |
dc.subject | ACCOUNTING PRINCIPLES | |
dc.subject | ACCOUNTING REFORM | |
dc.subject | ACCOUNTING STANDARDS | |
dc.subject | ACCOUNTING TREATMENT | |
dc.subject | ADEQUATE DISCLOSURE | |
dc.subject | ADMINISTRATIVE SUPPORT | |
dc.subject | AFFILIATES | |
dc.subject | AUDIT COMMITTEES | |
dc.subject | AUDIT ENGAGEMENTS | |
dc.subject | AUDIT EVIDENCE | |
dc.subject | AUDIT REPORTS | |
dc.subject | AUDIT RISK | |
dc.subject | AUDITED FINANCIAL STATEMENTS | |
dc.subject | AUDITING | |
dc.subject | AUDITING PROFESSION | |
dc.subject | AUDITING STANDARDS | |
dc.subject | AUDITORS | |
dc.subject | AUDITS | |
dc.subject | AUTONOMY | |
dc.subject | BANK LOAN | |
dc.subject | BANKING LAWS | |
dc.subject | BANKING SECTOR | |
dc.subject | BANKING SUPERVISION | |
dc.subject | BANKS | |
dc.subject | BEST PRACTICE | |
dc.subject | BILLS | |
dc.subject | BONDS | |
dc.subject | BORROWER | |
dc.subject | BORROWING | |
dc.subject | BUSINESS CLIMATE | |
dc.subject | BUSINESS OPPORTUNITIES | |
dc.subject | CALCULATION | |
dc.subject | CAPITAL BASE | |
dc.subject | CAPITAL MARKET | |
dc.subject | CERTIFIED PUBLIC ACCOUNTANTS | |
dc.subject | COLLATERAL | |
dc.subject | COMMERCIAL BANKS | |
dc.subject | CONFLICT OF INTEREST | |
dc.subject | CONSOLIDATED FINANCIAL STATEMENTS | |
dc.subject | CONSOLIDATION | |
dc.subject | CONTINGENCIES | |
dc.subject | CONTRIBUTION | |
dc.subject | CREDITOR | |
dc.subject | CREDITORS | |
dc.subject | DEPOSITS | |
dc.subject | DEVELOPMENT BANK | |
dc.subject | DIRECT INVESTMENT | |
dc.subject | ECONOMIC DEVELOPMENT | |
dc.subject | ECONOMIC STABILITY | |
dc.subject | EMPLOYEE BENEFITS | |
dc.subject | EQUITIES | |
dc.subject | EXTERNAL AUDITORS | |
dc.subject | FINANCES | |
dc.subject | FINANCIAL CRISES | |
dc.subject | FINANCIAL INFORMATION | |
dc.subject | FINANCIAL INSTITUTIONS | |
dc.subject | FINANCIAL INSTRUMENTS | |
dc.subject | FINANCIAL MANAGEMENT | |
dc.subject | FINANCIAL MARKET | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | FINANCIAL PERFORMANCE | |
dc.subject | FINANCIAL POLICY | |
dc.subject | FINANCIAL POSITION | |
dc.subject | FINANCIAL REPORTING | |
dc.subject | FINANCIAL REPORTING STANDARDS | |
dc.subject | FINANCIAL RESOURCES | |
dc.subject | FINANCIAL SECTOR | |
dc.subject | FINANCIAL SECTOR DEVELOPMENT | |
dc.subject | FINANCIAL SECTORS | |
dc.subject | FINANCIAL STATEMENTS | |
dc.subject | FINANCIAL SYSTEM | |
dc.subject | FOREIGN CURRENCY | |
dc.subject | FOREIGN EXCHANGE | |
dc.subject | FOREIGN INVESTMENTS | |
dc.subject | GOOD PRACTICE | |
dc.subject | GOOD PRACTICES | |
dc.subject | HOUSING | |
dc.subject | INADEQUATE DISCLOSURE | |
dc.subject | INCOME | |
dc.subject | INFLATION | |
dc.subject | INFORMATION TECHNOLOGY | |
dc.subject | INSURANCE | |
dc.subject | INSURANCE COMPANIES | |
dc.subject | INTERNATIONAL ACCOUNTING STANDARDS | |
dc.subject | INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE | |
dc.subject | KNOWLEDGE GAP | |
dc.subject | LACK OF KNOWLEDGE | |
dc.subject | LARGE FIRMS | |
dc.subject | LEGAL ADVICE | |
dc.subject | LEGAL FRAMEWORK | |
dc.subject | LEGAL PROVISION | |
dc.subject | LEGAL PROVISIONS | |
dc.subject | LEGISLATION | |
dc.subject | LIABILITY | |
dc.subject | MANDATES | |
dc.subject | MEDIUM ENTERPRISE | |
dc.subject | MEDIUM ENTERPRISES | |
dc.subject | MICROFINANCE | |
dc.subject | NATIONAL BANK | |
dc.subject | NATIONAL INSURANCE | |
dc.subject | NONPERFORMING LOANS | |
dc.subject | OFF BALANCE SHEET | |
dc.subject | OFF BALANCE SHEET ITEMS | |
dc.subject | OFFSITE SUPERVISION | |
dc.subject | PAYMENT SYSTEMS | |
dc.subject | PENALTIES | |
dc.subject | POVERTY ALLEVIATION | |
dc.subject | PRUDENTIAL REGULATIONS | |
dc.subject | QUALITY ASSURANCE | |
dc.subject | QUALITY AUDITS | |
dc.subject | QUALITY CONTROL | |
dc.subject | REGULATORY FRAMEWORK | |
dc.subject | REORGANIZATION | |
dc.subject | RESPONSIBILITIES | |
dc.subject | SECURITIES | |
dc.subject | SENIOR | |
dc.subject | STAKEHOLDER | |
dc.subject | STAKEHOLDERS | |
dc.subject | STATUTORY AUDITORS | |
dc.subject | STOCK EXCHANGE | |
dc.subject | STOCKS | |
dc.subject | SUBSIDIARIES | |
dc.subject | TAXATION | |
dc.subject | TRAINING PROGRAMS | |
dc.subject | TREASURY BILLS | |
dc.subject | VALUATION | |
dc.title | Republic of Rwanda : Accounting and Auditing | en |
dspace.entity.type | Publication | |
okr.crosscuttingsolutionarea | Public-Private Partnerships | |
okr.date.doiregistration | 2025-05-07T09:15:58.380606Z | |
okr.doctype | Economic & Sector Work::Accounting and Auditing Assessment (ROSC) | |
okr.doctype | Economic & Sector Work | |
okr.docurl | http://documents.worldbank.org/curated/en/2008/06/10038406/republic-rwanda-report-observance-standards-codes-rosc-accounting-auditing | |
okr.globalpractice | Finance and Markets | |
okr.globalpractice | Trade and Competitiveness | |
okr.guid | 772881468306563708 | |
okr.identifier.externaldocumentum | 000333037_20081119225400 | |
okr.identifier.internaldocumentum | 10038406 | |
okr.identifier.report | 46541 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/11/19/000333037_20081119225400/Rendered/PDF/465410ESW0P1101IC10RWANDA11ROSC11AA.pdf | en |
okr.region.administrative | Africa | |
okr.region.country | Rwanda | |
okr.sector | Finance :: General finance sector | |
okr.theme | Standards and financial reporting | |
okr.theme | Financial and private sector development | |
okr.theme | Rule of law | |
okr.theme | Human development | |
okr.theme | Legal institutions for a market economy | |
okr.topic | Private Sector Development::Business Environment | |
okr.topic | Banks and Banking Reform | |
okr.topic | Private Sector Development::Competitiveness and Competition Policy | |
okr.topic | Private Sector Development::Business in Development | |
okr.topic | Finance and Financial Sector Development | |
okr.unit | AFT: QK Financial Management (AFTFM) | |
okr.volume | 1 of 1 |
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