Jordan : Country Financial Accountability Assessment
This Country Financial Accountability Assessment (CFAA) for Jordan is a diagnosis of the country's public and private financial accountability framework, financial management systems and practices. The main objective is to: a) assess whether t...
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Format: | Country Financial Accountability Assessment |
Language: | English en_US |
Published: |
Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2001/10/2378799/jordan-country-financial-accountability-assessment http://hdl.handle.net/10986/14496 |
Summary: | This Country Financial Accountability
Assessment (CFAA) for Jordan is a diagnosis of the
country's public and private financial accountability
framework, financial management systems and practices. The
main objective is to: a) assess whether the existing
accountability, as designed and practiced, is sufficient to
ensure effective and efficient use of public funds; and b)
support the country in the design and implementation of
financial management capacity building programs in order to
promote transparency and strengthen investor confidence in
the management of public and private funds. This CFAA is
being undertaken as part of the government program for
public sector reform. It is based on discussions with
Jordanians government officials, private sector
representatives and the desk review of related studies and
papers undertaken by the government and the Bank regarding:
public sector management; private sector accounting and
auditing; and education and training in financial
management, and accounting. A key element of the CFAA's
recommendation targets the auditing profession, which is
called upon to ensure that the profession contribute
effectively to enhancing private and foreign investment
environment through the promotion of sound, internationally
accepted disclosure practices. |
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