Publication:
Accounting for Growth in Latin America and the Caribbean : Improving Corporate Financial Reporting to Support Regional Economic Development

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dc.contributor.authorFortin, Henri
dc.contributor.authorHirata Barros, Ana Cristina
dc.contributor.authorCutler, Kit
dc.date.accessioned2013-05-24T15:00:55Z
dc.date.available2013-05-24T15:00:55Z
dc.date.issued2010
dc.description.abstractIn the Latin America and Caribbean (LAC) region, as in the rest of the world, reliable financial information is the cornerstone of a robust market economy and efficient public sector. This book presents both an analysis of the broader trends derived from the individual country-level studies produced under the Report on the Observance of Standards and Codes (ROSC) Accounting and Auditing (A&A) program and a synthesis of lessons learned from the Bank's experiences working with policy makers and other stakeholders to implement the ROSC A&A recommendations. This first chapter introduces the book by showing how sound A&A practices in the private and public sectors contribute to LAC development agenda, and by describing the regional economic context. It then presents three case studies of successful financial reporting and auditing reforms within LAC, showing how these reforms have benefited the countries. It describes drivers of reform that have led some countries to adopt global standards of good A&A practice and others to take a more conservative, wait and see approach. Finally, the chapter describes the objectives and methodology of this study, and the structure of the book.en
dc.identifier.doi10.1596/978-0-8213-8108-3
dc.identifier.isbn978-0-8213-8108-3
dc.identifier.urihttps://hdl.handle.net/10986/13539
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesDirections in Development--Finance;
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectAccountability
dc.subjectAccountant
dc.subjectAccounting
dc.subjectaccounting policies
dc.subjectaccounting practices
dc.subjectAccounting Principles
dc.subjectAccounting Standards
dc.subjectAIC
dc.subjectallocation of capital
dc.subjectaudit committee
dc.subjectAuditing
dc.subjectAuditors
dc.subjectaudits
dc.subjectbalance sheet
dc.subjectbank deposits
dc.subjectbank failure
dc.subjectbank failures
dc.subjectBank Governors
dc.subjectbanking crises
dc.subjectbankruptcy
dc.subjectbonds
dc.subjectbusiness climate
dc.subjectcapacity building
dc.subjectcapacity development
dc.subjectcapital market
dc.subjectcapital market reforms
dc.subjectcapital markets
dc.subjectcash flow
dc.subjectcash flows
dc.subjectCentral Bank
dc.subjectcivil law
dc.subjectCommodities
dc.subjectcommodity prices
dc.subjectcommon law
dc.subjectCompany Law
dc.subjectcompany laws
dc.subjectconsolidated financial statements
dc.subjectconsolidated supervision
dc.subjectCopyright Clearance
dc.subjectCopyright Clearance Center
dc.subjectcorporate governance
dc.subjectcost of capital
dc.subjectcredibility
dc.subjectcredit rating
dc.subjectcredit rating agencies
dc.subjectcreditors
dc.subjectcurrency
dc.subjectcurrency devaluation
dc.subjectdebt obligations
dc.subjectdebt securities
dc.subjectdebt stocks
dc.subjectdepositors
dc.subjectderivatives
dc.subjectdeveloping countries
dc.subjectDevelopment Bank
dc.subjectdevelopment path
dc.subjectdisclosure of information
dc.subjectdomestic market
dc.subjectEconomic Development
dc.subjectemerging market
dc.subjectemerging market countries
dc.subjectemployment
dc.subjectenforcement powers
dc.subjectEntry Requirements
dc.subjectequity markets
dc.subjectequity securities
dc.subjectExchange Commission
dc.subjectexchange rates
dc.subjectexternal auditors
dc.subjectexternal debt
dc.subjectfair value
dc.subjectfiduciary responsibility
dc.subjectfinances
dc.subjectFinancial Accounting
dc.subjectFinancial Asset
dc.subjectFinancial Assets
dc.subjectfinancial contagion
dc.subjectfinancial crisis
dc.subjectfinancial data
dc.subjectfinancial derivatives
dc.subjectfinancial health
dc.subjectFinancial Information
dc.subjectfinancial innovations
dc.subjectFinancial institutions
dc.subjectfinancial management
dc.subjectFinancial Markets
dc.subjectfinancial performance
dc.subjectFinancial Sector
dc.subjectfinancial stability
dc.subjectFinancial Statements
dc.subjectfinancial support
dc.subjectfixed costs
dc.subjectflexible exchange rate
dc.subjectflexible exchange rate regimes
dc.subjectForeign investors
dc.subjectForeign Market
dc.subjectfraud
dc.subjectFutures
dc.subjectFutures Exchange
dc.subjectglobal climate
dc.subjectglobal markets
dc.subjectglobalization
dc.subjectgovernance standards
dc.subjectgovernment debt
dc.subjectgovernment debt securities
dc.subjectGross domestic product
dc.subjectholdings
dc.subjecthuman development
dc.subjectincome
dc.subjectincome distribution
dc.subjectincome taxes
dc.subjectindebtedness
dc.subjectinflation
dc.subjectinformation asymmetries
dc.subjectinitial public offerings
dc.subjectinstitutional investors
dc.subjectInsurance
dc.subjectinsurance companies
dc.subjectInternal Control
dc.subjectInternational Accounting Standards
dc.subjectInternational Bank
dc.subjectinternational banks
dc.subjectinternational credit
dc.subjectinternational credit rating
dc.subjectinternational development
dc.subjectinternational investors
dc.subjectInternational Standard
dc.subjectInternational Standards
dc.subjectinvesting
dc.subjectinvestment capital
dc.subjectinvestment decisions
dc.subjectInvestment Fund
dc.subjectinvestment funds
dc.subjectinvestment money
dc.subjectinvestor confidence
dc.subjectinvestor interest
dc.subjectlack of transparency
dc.subjectlegal system
dc.subjectlegal tradition
dc.subjectlegal traditions
dc.subjectlegislation
dc.subjectlender
dc.subjectlenders
dc.subjectliquidity
dc.subjectloan
dc.subjectloan covenants
dc.subjectlocal enterprises
dc.subjectmacroeconomic stability
dc.subjectmark-to-market
dc.subjectmarket capitalization
dc.subjectmarket discipline
dc.subjectmarket economy
dc.subjectmarket reforms
dc.subjectmarket regulator
dc.subjectmarket regulators
dc.subjectMicroenterprises
dc.subjectminority shareholders
dc.subjectMonetary Fund
dc.subjectmoral hazard
dc.subjectmortgage
dc.subjectmortgage-backed securities
dc.subjectnew entrants
dc.subjectnew products
dc.subjectnonbank financial institutions
dc.subjectoil prices
dc.subjectoperational risks
dc.subjectownership interest
dc.subjectpension
dc.subjectpension fund
dc.subjectpension funds
dc.subjectpensions
dc.subjectPolitical Stability
dc.subjectpotential investors
dc.subjectprivate debt
dc.subjectprivate sector development
dc.subjectprivatization
dc.subjectproductivity
dc.subjectprudential regulation
dc.subjectPublic Accountability
dc.subjectpublic enterprises
dc.subjectpublic finances
dc.subjectpublic policy
dc.subjectpublic services
dc.subjectpublic spending
dc.subjectpurchasing power
dc.subjectregulatory authorities
dc.subjectregulatory framework
dc.subjectregulatory oversight
dc.subjectremittances
dc.subjectretirement
dc.subjectreturn
dc.subjectrule of law
dc.subjectsavings
dc.subjectsavings accounts
dc.subjectSecurities
dc.subjectsecurities market
dc.subjectself-regulation
dc.subjectshareholders
dc.subjectStock Exchange
dc.subjectstock exchanges
dc.subjectstock market
dc.subjectstock market capitalization
dc.subjectstock markets
dc.subjectsubsidiaries
dc.subjectsubsidiary
dc.subjectsupervisory framework
dc.subjectswaps
dc.subjectsystemic risk
dc.subjecttax
dc.subjecttax administration
dc.subjecttaxation
dc.subjecttechnical assistance
dc.subjecttrading
dc.subjecttransaction
dc.subjecttransparency
dc.subjecttreasuries
dc.subjecttreaty
dc.titleAccounting for Growth in Latin America and the Caribbean : Improving Corporate Financial Reporting to Support Regional Economic Developmenten
dspace.entity.typePublication
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.date.disclosure2010-01-08
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid798741468047930451
okr.guid855501468239123488
okr.identifier.doi10.1596/978-0-8213-8108-3
okr.identifier.report52457
okr.language.supporteden
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCaribbean
okr.region.geographicalLatin America
okr.sectorPublic Administration, Law, and Justice :: Central government administration
okr.themeFinancial and private sector development :: Regulation and competition policy
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Business Environment
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
okr.topicPrivate Sector Development::Emerging Markets
okr.unitFinancial Management (LCSFM)
relation.isSeriesOfPublication706db16a-e556-46f0-8283-1b4a4b88645c
relation.isSeriesOfPublication.latestForDiscovery706db16a-e556-46f0-8283-1b4a4b88645c
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