Report on the observance of Standards & Codes


Project Summary

Approval Date 21 May 2010
Signature Date 21 May 2010
Last Disbursement Planned Date 31 Dec 2010
Sovereign / Non-Sovereign Sovereign
Sector Finance
DAC Sector Code 24030
Commitment U.A 50,354.92
Status Completion

Project General Description

The launching of the Africa Report on Observance of Standards and Codes, Accounting and Auditing (ROSC A&A) Roundtable Conference held in Addis Ababa, Ethiopia on June 9-10 2010 was motivated by the absence of legal accountancy frameworks, weak accounting bodies, and proper regulatory oversight, together with limited qualified staff. In the medium term, the conference is expected to harness private sector support to promote the credibility of financial statements as a basis for economic decisions and investment selection. The expected impact of this joint World Bank and AfDB initiative is a strengthened accounting profession in Africa, in which a Pan African Federation of Accountants is also envisaged. Approved: CAD 94,491 (99% disbursed)

Participating Organization

Funding
Global Affairs Canada

Information

IATI identifier 46002-G-Z2-H00-ZZZ-003
Other IATI identifier CA-3-M012415001
Last Update 20 Jun 2021

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Geographic Location

Country Multinational