Mozambique : Country Financial Accountability Assessment

The overall conclusion of this country financial accountability assessment report is that public sector financial management systems in Mozambique are very weak, as evidenced by the Reports of the Tribunal Administrative (TA) on the General State A...

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Main Author:	World Bank
Format:	Country Financial Accountability Assessment
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	ACCOUNT ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING STANDARDS ACCOUNTING SYSTEMS ADMINISTRATIVE CAPACITY ANTI-CORRUPTION ANTI-CORRUPTION STRATEGY ASSET MANAGEMENT AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING STANDARDS AUDITORS AUTONOMY BANK ACCOUNTS BANKING SECTOR BANKING SUPERVISION BUDGET CLASSIFICATION BUDGET EXECUTION BUDGET IMPLEMENTATION BUDGET PROCESS BUDGETING CASH MANAGEMENT CENTRAL GOVERNMENT COMMERCIAL BANKS CONFEDERATION CONSTITUTION CORPORATE GOVERNANCE CORRUPTION COUNCIL OF MINISTERS CREDITWORTHINESS CURRENT PRICES DECREE DISTRICT GOVERNMENTS DISTRICTS ECONOMIC GROWTH ECONOMIC REFORM EMPLOYMENT EXPENDITURES EXTERNAL AUDITORS FEE COLLECTION FINANCIAL ACCOUNTABILITY FINANCIAL DISCIPLINE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL PLANNING FINANCIAL REFORM FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SUPPORT FISCAL FISCAL TRANSPARENCY FISCAL YEAR FOREIGN INVESTMENT FOREIGN INVESTORS GAAP GENERALLY ACCEPTED ACCOUNTING PRINCIPLES GOOD GOVERNANCE GOVERNMENT ACCOUNTING GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INTERNAL AUDIT INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INVESTMENT SPENDING JUDICIARY LAWS LEGAL REGULATIONS LEGAL SYSTEM LEGISLATION MACROECONOMIC STABILITY MUNICIPAL DEVELOPMENT MUNICIPAL FINANCE MUNICIPAL GOVERNMENTS MUNICIPALITIES NATIONAL BUDGET PENALTIES POLITICIANS PRIVATE SECTOR PRIVATIZATION PROCUREMENT PROVISIONS PUBLIC ACCOUNTING PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC REVENUES PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR REFORM PUBLIC SERVICE REGULATORY SYSTEM STATE ADMINISTRATION STATE BUDGET TAX TECHNICAL ASSISTANCE TRANSPARENCY TREASURY FINANCIAL MANAGEMENT FINANCIAL REPORTING STANDARDS RECORDS MANAGEMENT INFORMATION TECHNOLOGY GOVERNMENT ETHICS INTERNAL AUDITING PARLIAMENTARY SYSTEM MUNICIPAL GOVERNMENT PORTFOLIO PERFORMANCE RISK MANAGEMENT PROFESSIONAL EDUCATION STOCK MARKETS HIGHER EDUCATION
Online Access:	http://documents.worldbank.org/curated/en/2001/12/2360794/mozambique-country-financial-accountability-assessment http://hdl.handle.net/10986/14474

id	okr-10986-14474
recordtype	oai_dc
spelling	okr-10986-144742021-04-23T14:03:15Z Mozambique : Country Financial Accountability Assessment World Bank ACCOUNT ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING STANDARDS ACCOUNTING SYSTEMS ADMINISTRATIVE CAPACITY ANTI-CORRUPTION ANTI-CORRUPTION STRATEGY ASSET MANAGEMENT AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING STANDARDS AUDITORS AUTONOMY BANK ACCOUNTS BANKING SECTOR BANKING SUPERVISION BUDGET CLASSIFICATION BUDGET EXECUTION BUDGET IMPLEMENTATION BUDGET PROCESS BUDGETING CASH MANAGEMENT CENTRAL GOVERNMENT COMMERCIAL BANKS CONFEDERATION CONSTITUTION CORPORATE GOVERNANCE CORRUPTION COUNCIL OF MINISTERS CREDITWORTHINESS CURRENT PRICES DECREE DISTRICT GOVERNMENTS DISTRICTS ECONOMIC GROWTH ECONOMIC REFORM EMPLOYMENT EXPENDITURES EXTERNAL AUDITORS FEE COLLECTION FINANCIAL ACCOUNTABILITY FINANCIAL DISCIPLINE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL PLANNING FINANCIAL REFORM FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SUPPORT FISCAL FISCAL TRANSPARENCY FISCAL YEAR FOREIGN INVESTMENT FOREIGN INVESTORS GAAP GENERALLY ACCEPTED ACCOUNTING PRINCIPLES GOOD GOVERNANCE GOVERNMENT ACCOUNTING GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INTERNAL AUDIT INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INVESTMENT SPENDING JUDICIARY LAWS LEGAL REGULATIONS LEGAL SYSTEM LEGISLATION MACROECONOMIC STABILITY MUNICIPAL DEVELOPMENT MUNICIPAL FINANCE MUNICIPAL GOVERNMENTS MUNICIPALITIES NATIONAL BUDGET PENALTIES POLITICIANS PRIVATE SECTOR PRIVATIZATION PROCUREMENT PROVISIONS PUBLIC ACCOUNTING PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC REVENUES PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR REFORM PUBLIC SERVICE REGULATORY SYSTEM STATE ADMINISTRATION STATE BUDGET TAX TECHNICAL ASSISTANCE TRANSPARENCY TREASURY FINANCIAL MANAGEMENT BUDGETING CASH MANAGEMENT ACCOUNTING FINANCIAL REPORTING STANDARDS RECORDS MANAGEMENT INFORMATION TECHNOLOGY GOVERNMENT ETHICS INTERNAL AUDITING PUBLIC FINANCE PARLIAMENTARY SYSTEM MUNICIPAL GOVERNMENT PORTFOLIO PERFORMANCE RISK MANAGEMENT ACCOUNTING STANDARDS PROFESSIONAL EDUCATION CORPORATE GOVERNANCE STOCK MARKETS INSURANCE HIGHER EDUCATION The overall conclusion of this country financial accountability assessment report is that public sector financial management systems in Mozambique are very weak, as evidenced by the Reports of the Tribunal Administrative (TA) on the General State Accounts for 1998 and 19992, and will require substantial strengthening over several years. In the interim, risks of waste, diversion and misuse of funds are assessed as high. This has clear implications for both the Government and its donors: (a) the Government will need to address the main issues identified for improvement in the Report in the aim of establishing practices and standards on a par with international benchmarks3; and (b) the donors will need to support this process and, in the meantime, to build explicit risk minimization actions and conditionality into their Mozambican operations.. Recommended actions to improve public financial management include: enacting and implementing public financial management laws; strengthening public sector auditing capacity; strengthening financial management in local government; developing the accountancy profession; and strengthening/expanding programs in higher education institutions. 2013-07-23T16:00:18Z 2013-07-23T16:00:18Z 2001-12 http://documents.worldbank.org/curated/en/2001/12/2360794/mozambique-country-financial-accountability-assessment http://hdl.handle.net/10986/14474 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Country Financial Accountability Assessment Economic & Sector Work Africa Mozambique
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	ACCOUNT ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING STANDARDS ACCOUNTING SYSTEMS ADMINISTRATIVE CAPACITY ANTI-CORRUPTION ANTI-CORRUPTION STRATEGY ASSET MANAGEMENT AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING STANDARDS AUDITORS AUTONOMY BANK ACCOUNTS BANKING SECTOR BANKING SUPERVISION BUDGET CLASSIFICATION BUDGET EXECUTION BUDGET IMPLEMENTATION BUDGET PROCESS BUDGETING CASH MANAGEMENT CENTRAL GOVERNMENT COMMERCIAL BANKS CONFEDERATION CONSTITUTION CORPORATE GOVERNANCE CORRUPTION COUNCIL OF MINISTERS CREDITWORTHINESS CURRENT PRICES DECREE DISTRICT GOVERNMENTS DISTRICTS ECONOMIC GROWTH ECONOMIC REFORM EMPLOYMENT EXPENDITURES EXTERNAL AUDITORS FEE COLLECTION FINANCIAL ACCOUNTABILITY FINANCIAL DISCIPLINE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL PLANNING FINANCIAL REFORM FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SUPPORT FISCAL FISCAL TRANSPARENCY FISCAL YEAR FOREIGN INVESTMENT FOREIGN INVESTORS GAAP GENERALLY ACCEPTED ACCOUNTING PRINCIPLES GOOD GOVERNANCE GOVERNMENT ACCOUNTING GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INTERNAL AUDIT INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INVESTMENT SPENDING JUDICIARY LAWS LEGAL REGULATIONS LEGAL SYSTEM LEGISLATION MACROECONOMIC STABILITY MUNICIPAL DEVELOPMENT MUNICIPAL FINANCE MUNICIPAL GOVERNMENTS MUNICIPALITIES NATIONAL BUDGET PENALTIES POLITICIANS PRIVATE SECTOR PRIVATIZATION PROCUREMENT PROVISIONS PUBLIC ACCOUNTING PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC REVENUES PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR REFORM PUBLIC SERVICE REGULATORY SYSTEM STATE ADMINISTRATION STATE BUDGET TAX TECHNICAL ASSISTANCE TRANSPARENCY TREASURY FINANCIAL MANAGEMENT BUDGETING CASH MANAGEMENT ACCOUNTING FINANCIAL REPORTING STANDARDS RECORDS MANAGEMENT INFORMATION TECHNOLOGY GOVERNMENT ETHICS INTERNAL AUDITING PUBLIC FINANCE PARLIAMENTARY SYSTEM MUNICIPAL GOVERNMENT PORTFOLIO PERFORMANCE RISK MANAGEMENT ACCOUNTING STANDARDS PROFESSIONAL EDUCATION CORPORATE GOVERNANCE STOCK MARKETS INSURANCE HIGHER EDUCATION
spellingShingle	ACCOUNT ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING STANDARDS ACCOUNTING SYSTEMS ADMINISTRATIVE CAPACITY ANTI-CORRUPTION ANTI-CORRUPTION STRATEGY ASSET MANAGEMENT AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING STANDARDS AUDITORS AUTONOMY BANK ACCOUNTS BANKING SECTOR BANKING SUPERVISION BUDGET CLASSIFICATION BUDGET EXECUTION BUDGET IMPLEMENTATION BUDGET PROCESS BUDGETING CASH MANAGEMENT CENTRAL GOVERNMENT COMMERCIAL BANKS CONFEDERATION CONSTITUTION CORPORATE GOVERNANCE CORRUPTION COUNCIL OF MINISTERS CREDITWORTHINESS CURRENT PRICES DECREE DISTRICT GOVERNMENTS DISTRICTS ECONOMIC GROWTH ECONOMIC REFORM EMPLOYMENT EXPENDITURES EXTERNAL AUDITORS FEE COLLECTION FINANCIAL ACCOUNTABILITY FINANCIAL DISCIPLINE FINANCIAL INSTITUTIONS FINANCIAL MANAGEMENT FINANCIAL PLANNING FINANCIAL REFORM FINANCIAL REPORTING FINANCIAL REPORTS FINANCIAL RESOURCES FINANCIAL SECTOR FINANCIAL SUPPORT FISCAL FISCAL TRANSPARENCY FISCAL YEAR FOREIGN INVESTMENT FOREIGN INVESTORS GAAP GENERALLY ACCEPTED ACCOUNTING PRINCIPLES GOOD GOVERNANCE GOVERNMENT ACCOUNTING GOVERNMENT SPENDING GROSS DOMESTIC PRODUCT INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INTERNAL AUDIT INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INVESTMENT SPENDING JUDICIARY LAWS LEGAL REGULATIONS LEGAL SYSTEM LEGISLATION MACROECONOMIC STABILITY MUNICIPAL DEVELOPMENT MUNICIPAL FINANCE MUNICIPAL GOVERNMENTS MUNICIPALITIES NATIONAL BUDGET PENALTIES POLITICIANS PRIVATE SECTOR PRIVATIZATION PROCUREMENT PROVISIONS PUBLIC ACCOUNTING PUBLIC EXPENDITURE PUBLIC FINANCE PUBLIC FINANCE MANAGEMENT PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC REVENUES PUBLIC SECTOR PUBLIC SECTOR ACCOUNTING PUBLIC SECTOR REFORM PUBLIC SERVICE REGULATORY SYSTEM STATE ADMINISTRATION STATE BUDGET TAX TECHNICAL ASSISTANCE TRANSPARENCY TREASURY FINANCIAL MANAGEMENT BUDGETING CASH MANAGEMENT ACCOUNTING FINANCIAL REPORTING STANDARDS RECORDS MANAGEMENT INFORMATION TECHNOLOGY GOVERNMENT ETHICS INTERNAL AUDITING PUBLIC FINANCE PARLIAMENTARY SYSTEM MUNICIPAL GOVERNMENT PORTFOLIO PERFORMANCE RISK MANAGEMENT ACCOUNTING STANDARDS PROFESSIONAL EDUCATION CORPORATE GOVERNANCE STOCK MARKETS INSURANCE HIGHER EDUCATION World Bank Mozambique : Country Financial Accountability Assessment
geographic_facet	Africa Mozambique
description	The overall conclusion of this country financial accountability assessment report is that public sector financial management systems in Mozambique are very weak, as evidenced by the Reports of the Tribunal Administrative (TA) on the General State Accounts for 1998 and 19992, and will require substantial strengthening over several years. In the interim, risks of waste, diversion and misuse of funds are assessed as high. This has clear implications for both the Government and its donors: (a) the Government will need to address the main issues identified for improvement in the Report in the aim of establishing practices and standards on a par with international benchmarks3; and (b) the donors will need to support this process and, in the meantime, to build explicit risk minimization actions and conditionality into their Mozambican operations.. Recommended actions to improve public financial management include: enacting and implementing public financial management laws; strengthening public sector auditing capacity; strengthening financial management in local government; developing the accountancy profession; and strengthening/expanding programs in higher education institutions.
format	Economic & Sector Work :: Country Financial Accountability Assessment
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Mozambique : Country Financial Accountability Assessment
title_short	Mozambique : Country Financial Accountability Assessment
title_full	Mozambique : Country Financial Accountability Assessment
title_fullStr	Mozambique : Country Financial Accountability Assessment
title_full_unstemmed	Mozambique : Country Financial Accountability Assessment
title_sort	mozambique : country financial accountability assessment
publisher	Washington, DC
publishDate	2013
url	http://documents.worldbank.org/curated/en/2001/12/2360794/mozambique-country-financial-accountability-assessment http://hdl.handle.net/10986/14474
_version_	1764427210929733632

Mozambique : Country Financial Accountability Assessment

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