World Bank2012-06-132012-06-132007-11https://hdl.handle.net/10986/7912This report analyzes corporate financial reporting and auditing practices in Haiti. It supports the Government's efforts to: (a) improve financial sector stability and development; (b) encourage a business climate conducive to private investment and local companies' access to credit and long-term finance; and (c) enhance the governance and accountability of public enterprises. For the purpose of this study, the benchmarks that have been used include the International Financial Reporting Standards (IFRS) and the International Standards on Auditing (ISA). The report also draws on international experience and good practice in accounting and auditing, particularly in Latin America and the Caribbean. The main focus of the review is the institutional framework and professional environment that underpin private sector accounting and audit practices.CC BY 3.0 IGOACCESS TO CREDITACCOUNTACCOUNTABILITYACCOUNTANCYACCOUNTANTSACCOUNTINGACCOUNTING CURRICULAACCOUNTING DOCUMENTSACCOUNTING FRAMEWORKACCOUNTING PRACTICESACCOUNTING PRINCIPLESACCOUNTING RECORDSACCOUNTING RULESACCOUNTING SERVICESACCOUNTSACCRUAL ACCOUNTINGAUDIT REPORTSAUDITED ACCOUNTSAUDITED FINANCIAL STATEMENTSAUDITINGAUDITING PROFESSIONAUDITORSAUDITSAUTONOMYBALANCE SHEETBANKING LAWBANKING SECTORBANKING SUPERVISIONBANKING SYSTEMBANKSBEST PRACTICEBOOKKEEPINGBORROWINGBORROWING COSTSBUSINESS CLIMATEBUSINESS COMMUNITYBUSINESS LAWCALCULATIONCAPITAL REQUIREMENTSCAPITALIZATIONCASH FLOWCHAMBER OF COMMERCECOMMERCIAL BANKSCOMMERCIAL ENTERPRISESCOMMON TRANSACTIONSCONSOLIDATED FINANCIAL STATEMENTSCONSOLIDATIONCONTRIBUTIONCREDIT BUREAUCREDIT RATINGCREDIT RISKCURRENCYCURRENT ASSETSCURRICULUMDEFERRED INCOMEDEPRECIATIONDEVELOPMENT BANKDIRECT INVESTMENTEARNINGSEARNINGS PER SHAREECONOMIES IN TRANSITIONEDUCATION STANDARDSEMPLOYEE BENEFITSEQUITY CAPITALEXCHANGE RATESEXPENDITUREEXTERNAL AUDITORSEXTRAORDINARY ITEMSFINANCESFINANCIAL ANALYSISFINANCIAL DATAFINANCIAL INFORMATIONFINANCIAL INSTRUMENTSFINANCIAL MANAGEMENTFINANCIAL POSITIONFINANCIAL REPORTINGFINANCIAL REPORTING STANDARDSFINANCIAL SECTORFINANCIAL SERVICESFINANCIAL SITUATIONFOREIGN EXCHANGEFUTURE CASH FLOWSGAAPGOOD PRACTICEGOVERNMENT ACCOUNTINGGOVERNMENT ACCOUNTING STANDARDSIMAGEINCOME STATEMENTSINCOME TAXINDEBTEDNESSINFORMATION TECHNOLOGYINFORMED DECISIONSINFRASTRUCTURE INVESTMENTSINSURANCEINSURANCE COMPANIESINTERNAL CONTROLSINTERNATIONAL ACCOUNTING STANDARDSINTERNATIONAL ACCOUNTING STANDARDS COMMITTEEINTERNATIONAL AUDITING STANDARDSINVENTORYINVESTMENT ACTIVITIESINVESTMENT CLIMATELARGE COMPANIESLARGE PUBLIC ENTERPRISESLEGAL FRAMEWORKLEGAL PROVISIONSLEGISLATIONLENDERSLIABILITYLIFE INSURANCELIFE INSURANCE POLICIESLOANLOAN LOSS PROVISIONSLOCAL BANKSLOCAL BUSINESSLOCAL BUSINESSESLOCAL ENTERPRISESLOW INCOMEMANAGEMENT INFORMATION SYSTEMSMARKET DISCIPLINEMARKET SHAREMEDIUM ENTERPRISEMEDIUM ENTERPRISESMODERN BANKINGNONBANK FINANCIAL INSTITUTIONSOUTREACH ACTIVITIESPENSION FUNDPENSION FUND ADMINISTRATORSPENSION SECTORPRIVATE INVESTMENTPRIVATE PENSIONPRIVATE SAVINGSPRIVATIZATIONPROFESSIONAL ASSOCIATIONSPROFITABILITYPUBLIC ACCOUNTANTSPUBLIC ENTERPRISESPUBLIC EXPENDITUREPUBLIC INVESTMENTPUBLIC SERVICESQUALITY ASSURANCEQUALITY CONTROLRATING AGENCIESREGULATORY FRAMEWORKRISK MANAGEMENTSALESSAVINGSSECURITIESSENIORSEWAGESMALL BUSINESSSOURCES OF INCOMESTAKEHOLDERSSTART-UP COSTSSTATUTORY AUDITORSSTOCK EXCHANGETAX ADMINISTRATIONTAX LAWSTAX RATESTAXATIONTRAINING PROGRAMTRANSACTIONVALUATIONWITHDRAWALWorld Bank10.1596/7912