Publication: Afghanistan - Public Sector Accounting and Auditing : A Comparison to International Standards
Date
2007
ISSN
Published
2007
Author(s)
World Bank
Abstract
This assessment of public sector
accounting and auditing is generally meant to help implement
more effective public financial management (PFM) through
better quality accounting and public audit processes in
Afghanistan and to provide greater stimulus for more
cost-effective outcomes of government spending. More
specific objectives are (a) to provide the country's
accounting and audit authorities and other interested
stakeholders with a common firmly based knowledge as to
where local practices stand in accordance with international
standards of financial reporting and auditing; (b) to assess
the prevailing variances; (c) to chart paths for improving
the accordance with international standards; and (d) to
provide a continuing basis for measuring improvements. The
study has taken the international standards as axiomatic
with any acceptable options incorporated in the standards.
The study has not assessed whether the country should adopt
a limited version of the standards, as the processes of
developing the standards have already considered any
acceptable options that can be incorporated into the text of
the standards, but they do not override authoritative
national standards issued by governments, regulatory or
professional accounting bodies.
Citation
“World Bank. 2007. Afghanistan - Public Sector Accounting and Auditing : A Comparison to International Standards. © Washington, DC. http://openknowledge.worldbank.org/handle/10986/7561 License: CC BY 3.0 IGO.”