South Africa : Report on the Observance of Standards and Codes--Accounting and Auditing
The main purpose of the South Africa Report on the Observance of Standards and Codes, Accounting and Auditing (ROSC A&A) is to determine reforms that will continue to improve the quality of financial reporting in South Africa. The review, reque...
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| Format: | Accounting and Auditing Assessment (ROSC) |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2013/06/18485558/south-africa-reports-observance-standards-codes-rosc-accounting-auditing http://hdl.handle.net/10986/16682 |
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okr-10986-166822021-04-23T14:03:31Z South Africa : Report on the Observance of Standards and Codes--Accounting and Auditing World Bank ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING FIRM ACCOUNTING FIRMS ACCOUNTING PERIOD ACCOUNTING PRACTICES ACCOUNTING SERVICES ACCOUNTING STANDARDS ACCOUNTS AGREEMENTS ASSETS AUDIT AUDIT COMMITTEES AUDIT ENGAGEMENTS AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITOR AUDITORS AUDITS BANK BANKS BEST PRACTICE BOOKKEEPING BUSINESS BUSINESS ETHICS BUSINESS MANAGEMENT CAPITAL MARKETS CAPITALIZATION CERTIFIED PUBLIC ACCOUNTANTS CHIEF FINANCIAL OFFICERS CONFIDENCE COST DISTRIBUTION ENTERPRISES EXPENDITURE FINANCE FINANCE MANAGEMENT FINANCIAL AUDITS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL SERVICES FINANCIAL STATEMENTS FINANCIAL YEARS GAAP GOOD PRACTICE GOOD PRACTICES GOVERNANCE GROSS REVENUE IMPLEMENTATION INCOME DISTRIBUTION INDUSTRY INFRASTRUCTURE INITIATIVE INITIATIVES INSURANCE INTEREST INTERNAL AUDIT INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INVESTIGATION INVESTIGATIONS LABOR LAW LEADERSHIP LEGISLATION LIABILITY LOCAL GOVERNMENT MAINTENANCE MANDATES MEDIUM MINISTER MUNICIPALITIES ORGANIZATION ORGANIZATIONS OWNERSHIP PENALTY POLICIES POLICY PROJECTS PROPERTY PUBLIC ACCOUNTANTS PUBLIC FINANCE QUALITY QUALITY CONTROL REGULATORY FRAMEWORK REPORTING REPORTING SYSTEMS RESOURCES REVENUE RISK RISK MANAGEMENT SANCTIONS SERVICE SERVICE DELIVERY STRATEGY SUBSIDIARIES SYSTEMIC RISK TRANSPARENCY VALUE The main purpose of the South Africa Report on the Observance of Standards and Codes, Accounting and Auditing (ROSC A&A) is to determine reforms that will continue to improve the quality of financial reporting in South Africa. The review, requested by the Minister of Finance, was conducted to assess the status of implementation of policy recommendations in the prior 2003 ROSC A&A report, assess the institutional framework underpinning accounting and auditing practices in comparison with international standards and good practices in order to identify any emerging issues that require strengthening, share good practices adopted in the country, and propose policy recommendations addressing areas that require improvements. Implementation of the policy recommendations will further enhance the quality of financial reporting in the country, a key pillar that contributes to enhancing the business environment and advancement of governance and financial accountability in both the private and public sector entities. The review focuses on private sector. Financial reporting in public sector is assessed under public expenditure and financial accountability framework. 2014-01-29T20:44:59Z 2014-01-29T20:44:59Z 2013-06 http://documents.worldbank.org/curated/en/2013/06/18485558/south-africa-reports-observance-standards-codes-rosc-accounting-auditing http://hdl.handle.net/10986/16682 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Accounting and Auditing Assessment (ROSC) Economic & Sector Work Africa South Africa |
| 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 ACCOUNTABILITY ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING FIRM ACCOUNTING FIRMS ACCOUNTING PERIOD ACCOUNTING PRACTICES ACCOUNTING SERVICES ACCOUNTING STANDARDS ACCOUNTS AGREEMENTS ASSETS AUDIT AUDIT COMMITTEES AUDIT ENGAGEMENTS AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITOR AUDITORS AUDITS BANK BANKS BEST PRACTICE BOOKKEEPING BUSINESS BUSINESS ETHICS BUSINESS MANAGEMENT CAPITAL MARKETS CAPITALIZATION CERTIFIED PUBLIC ACCOUNTANTS CHIEF FINANCIAL OFFICERS CONFIDENCE COST DISTRIBUTION ENTERPRISES EXPENDITURE FINANCE FINANCE MANAGEMENT FINANCIAL AUDITS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL SERVICES FINANCIAL STATEMENTS FINANCIAL YEARS GAAP GOOD PRACTICE GOOD PRACTICES GOVERNANCE GROSS REVENUE IMPLEMENTATION INCOME DISTRIBUTION INDUSTRY INFRASTRUCTURE INITIATIVE INITIATIVES INSURANCE INTEREST INTERNAL AUDIT INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INVESTIGATION INVESTIGATIONS LABOR LAW LEADERSHIP LEGISLATION LIABILITY LOCAL GOVERNMENT MAINTENANCE MANDATES MEDIUM MINISTER MUNICIPALITIES ORGANIZATION ORGANIZATIONS OWNERSHIP PENALTY POLICIES POLICY PROJECTS PROPERTY PUBLIC ACCOUNTANTS PUBLIC FINANCE QUALITY QUALITY CONTROL REGULATORY FRAMEWORK REPORTING REPORTING SYSTEMS RESOURCES REVENUE RISK RISK MANAGEMENT SANCTIONS SERVICE SERVICE DELIVERY STRATEGY SUBSIDIARIES SYSTEMIC RISK TRANSPARENCY VALUE |
| spellingShingle |
ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING FIRM ACCOUNTING FIRMS ACCOUNTING PERIOD ACCOUNTING PRACTICES ACCOUNTING SERVICES ACCOUNTING STANDARDS ACCOUNTS AGREEMENTS ASSETS AUDIT AUDIT COMMITTEES AUDIT ENGAGEMENTS AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITOR AUDITORS AUDITS BANK BANKS BEST PRACTICE BOOKKEEPING BUSINESS BUSINESS ETHICS BUSINESS MANAGEMENT CAPITAL MARKETS CAPITALIZATION CERTIFIED PUBLIC ACCOUNTANTS CHIEF FINANCIAL OFFICERS CONFIDENCE COST DISTRIBUTION ENTERPRISES EXPENDITURE FINANCE FINANCE MANAGEMENT FINANCIAL AUDITS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL SERVICES FINANCIAL STATEMENTS FINANCIAL YEARS GAAP GOOD PRACTICE GOOD PRACTICES GOVERNANCE GROSS REVENUE IMPLEMENTATION INCOME DISTRIBUTION INDUSTRY INFRASTRUCTURE INITIATIVE INITIATIVES INSURANCE INTEREST INTERNAL AUDIT INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INVESTIGATION INVESTIGATIONS LABOR LAW LEADERSHIP LEGISLATION LIABILITY LOCAL GOVERNMENT MAINTENANCE MANDATES MEDIUM MINISTER MUNICIPALITIES ORGANIZATION ORGANIZATIONS OWNERSHIP PENALTY POLICIES POLICY PROJECTS PROPERTY PUBLIC ACCOUNTANTS PUBLIC FINANCE QUALITY QUALITY CONTROL REGULATORY FRAMEWORK REPORTING REPORTING SYSTEMS RESOURCES REVENUE RISK RISK MANAGEMENT SANCTIONS SERVICE SERVICE DELIVERY STRATEGY SUBSIDIARIES SYSTEMIC RISK TRANSPARENCY VALUE World Bank South Africa : Report on the Observance of Standards and Codes--Accounting and Auditing |
| geographic_facet |
Africa South Africa |
| description |
The main purpose of the South Africa
Report on the Observance of Standards and Codes, Accounting
and Auditing (ROSC A&A) is to determine reforms that
will continue to improve the quality of financial reporting
in South Africa. The review, requested by the Minister of
Finance, was conducted to assess the status of
implementation of policy recommendations in the prior 2003
ROSC A&A report, assess the institutional framework
underpinning accounting and auditing practices in comparison
with international standards and good practices in order to
identify any emerging issues that require strengthening,
share good practices adopted in the country, and propose
policy recommendations addressing areas that require
improvements. Implementation of the policy recommendations
will further enhance the quality of financial reporting in
the country, a key pillar that contributes to enhancing the
business environment and advancement of governance and
financial accountability in both the private and public
sector entities. The review focuses on private sector.
Financial reporting in public sector is assessed under
public expenditure and financial accountability framework. |
| format |
Economic & Sector Work :: Accounting and Auditing Assessment (ROSC) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
South Africa : Report on the Observance of Standards and Codes--Accounting and Auditing |
| title_short |
South Africa : Report on the Observance of Standards and Codes--Accounting and Auditing |
| title_full |
South Africa : Report on the Observance of Standards and Codes--Accounting and Auditing |
| title_fullStr |
South Africa : Report on the Observance of Standards and Codes--Accounting and Auditing |
| title_full_unstemmed |
South Africa : Report on the Observance of Standards and Codes--Accounting and Auditing |
| title_sort |
south africa : report on the observance of standards and codes--accounting and auditing |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2013/06/18485558/south-africa-reports-observance-standards-codes-rosc-accounting-auditing http://hdl.handle.net/10986/16682 |
| _version_ |
1764434389675016192 |