Slovenia Report on the Observance of Standards and Codes : Accounting and Auditing
This assessment of accounting and auditing practices in Slovenia is part of a joint initiative of the World Bank and International Monetary Fund (IMF) to prepare Reports on the Observance of Standards and Codes (ROSC). The assessment focuses on the...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/499511479710238625/Slovenia-Report-on-the-observance-of-standards-and-codes-ROSC-accounting-and-auditing http://hdl.handle.net/10986/25724 |
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okr-10986-25724 |
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| recordtype |
oai_dc |
| 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 ACCOUNTANT ACCOUNTANTS ACCOUNTING ACCOUNTING RULES ACCOUNTING STANDARD ACCOUNTING STANDARDS ACCOUNTING TREATMENT ACCOUNTS ACCRUALS ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET QUALITY ASSET VALUE AUDIT COMMITTEE AUDIT COMMITTEES AUDIT REPORTS AUDIT STANDARDS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITORS AUDITS AVAILABILITY OF CREDIT BAD DEBTS BAILOUT BALANCE SHEET BALANCE SHEETS BANK ASSET BANK OF SLOVENIA BANK RESTRUCTURING BANKING CRISIS BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKING UNION BOARDS OF DIRECTORS BOOK VALUE BROKERAGE CAPITAL ADEQUACY CAPITAL ADEQUACY DIRECTIVE CAPITAL ADEQUACY RATIOS CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITAL STRUCTURES CASH FLOW CENTRAL BANK CHARTS OF ACCOUNTS CIVIL LAW COMPANY LAW CONFLICTS OF INTEREST CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATION CONTINGENT LIABILITIES COOPERATIVES CORPORATE GOVERNANCE CREDIT DECISIONS CREDIT INSTITUTIONS CREDIT PRACTICES CREDIT RATING CREDIT RATING INFORMATION CREDIT RISK CURRENCY DEBT BURDEN DEBTS DEFERRED INCOME DEPRECIATION DISCLOSURE REQUIREMENTS ECONOMIC DEVELOPMENT ECONOMIC STABILITY EFFECTIVE GOVERNANCE EMPLOYMENT EQUALIZATION EQUIPMENT EQUITY MARKET EQUITY VALUE EUROPEAN CENTRAL BANK EXPENDITURE EXTERNAL AUDITORS FINANCIAL CRISIS FINANCIAL DATA FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL REPORTS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEM FISCAL DEFICIT FOREIGN DIRECT INVESTMENT FOREIGN FINANCING GOOD PRACTICES GOVERNANCE ISSUES GOVERNMENT BONDS GOVERNMENT BORROWINGS GOVERNMENT DEBT GROSS DOMESTIC PRODUCT HOLDING HOLDING COMPANIES INCOME TAX INDEBTEDNESS INSTITUTIONAL CAPACITY INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURANCE MARKET INSURANCE POLICY INSURANCE PREMIUMS INTEREST RATE INTEREST RATE RISK INTERNAL AUDIT INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE INTERNATIONAL CAPITAL INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTMENT FUND INVESTMENT FUNDS JOINT STOCK COMPANIES JOINT STOCK COMPANY JOINT-STOCK COMPANIES JOINT-STOCK COMPANY LAWS LEGAL FRAMEWORK LEGAL INSTRUMENTS LEGAL TRADITION LEGISLATION LEGISLATIVE FRAMEWORK LENDERS LIFE INSURANCE LIFE INSURANCE COMPANY LIMITED LIABILITY LIQUIDITY LIQUIDITY RISK LLC LOAN LOSS PROVISIONS LOAN PORTFOLIOS MARKET CAP MARKET CAPITALIZATION MARKET REGULATOR MARKET RISKS MARKET SHARE MONETARY FUND MUTUAL FUNDS NET ASSETS NON-PERFORMING LOAN NPL OPERATIONAL RISK PENSION PENSION FUND PENSION FUNDS PORTFOLIO PORTFOLIO QUALITY PREPAYMENTS PRIVATE BANK PRIVATE INVESTMENTS PRIVATIZATION PRODUCTIVITY PRUDENTIAL SUPERVISION PUBLIC BUDGET PUBLIC DEBT PUBLIC FINANCE PURCHASING PURCHASING POWER QUALITY ASSURANCE QUALITY CONTROL RECAPITALIZATION REDEMPTION RESERVES RETURNS RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAVINGS SAVINGS BANKS SECURITIES SECURITIES MARKET SELLING SHAREHOLDERS SOLVENCY SOVEREIGN DEBT STATE OWNED BANKS STATUTORY REQUIREMENTS STOCK EXCHANGE STOCK EXCHANGES SUBSIDIARIES SUBSIDIARY SUPERVISION OF BANKS SUPERVISORY BOARD SUPERVISORY BOARDS TAX LAWS TAX REFORM TAX RULES TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADING TRANSPARENCY TREATIES TURNOVER UNAUDITED FINANCIAL STATEMENTS WAREHOUSE WITHDRAWAL |
| spellingShingle |
ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANT ACCOUNTANTS ACCOUNTING ACCOUNTING RULES ACCOUNTING STANDARD ACCOUNTING STANDARDS ACCOUNTING TREATMENT ACCOUNTS ACCRUALS ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET QUALITY ASSET VALUE AUDIT COMMITTEE AUDIT COMMITTEES AUDIT REPORTS AUDIT STANDARDS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITORS AUDITS AVAILABILITY OF CREDIT BAD DEBTS BAILOUT BALANCE SHEET BALANCE SHEETS BANK ASSET BANK OF SLOVENIA BANK RESTRUCTURING BANKING CRISIS BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKING UNION BOARDS OF DIRECTORS BOOK VALUE BROKERAGE CAPITAL ADEQUACY CAPITAL ADEQUACY DIRECTIVE CAPITAL ADEQUACY RATIOS CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITAL STRUCTURES CASH FLOW CENTRAL BANK CHARTS OF ACCOUNTS CIVIL LAW COMPANY LAW CONFLICTS OF INTEREST CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATION CONTINGENT LIABILITIES COOPERATIVES CORPORATE GOVERNANCE CREDIT DECISIONS CREDIT INSTITUTIONS CREDIT PRACTICES CREDIT RATING CREDIT RATING INFORMATION CREDIT RISK CURRENCY DEBT BURDEN DEBTS DEFERRED INCOME DEPRECIATION DISCLOSURE REQUIREMENTS ECONOMIC DEVELOPMENT ECONOMIC STABILITY EFFECTIVE GOVERNANCE EMPLOYMENT EQUALIZATION EQUIPMENT EQUITY MARKET EQUITY VALUE EUROPEAN CENTRAL BANK EXPENDITURE EXTERNAL AUDITORS FINANCIAL CRISIS FINANCIAL DATA FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL REPORTS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEM FISCAL DEFICIT FOREIGN DIRECT INVESTMENT FOREIGN FINANCING GOOD PRACTICES GOVERNANCE ISSUES GOVERNMENT BONDS GOVERNMENT BORROWINGS GOVERNMENT DEBT GROSS DOMESTIC PRODUCT HOLDING HOLDING COMPANIES INCOME TAX INDEBTEDNESS INSTITUTIONAL CAPACITY INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURANCE MARKET INSURANCE POLICY INSURANCE PREMIUMS INTEREST RATE INTEREST RATE RISK INTERNAL AUDIT INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE INTERNATIONAL CAPITAL INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTMENT FUND INVESTMENT FUNDS JOINT STOCK COMPANIES JOINT STOCK COMPANY JOINT-STOCK COMPANIES JOINT-STOCK COMPANY LAWS LEGAL FRAMEWORK LEGAL INSTRUMENTS LEGAL TRADITION LEGISLATION LEGISLATIVE FRAMEWORK LENDERS LIFE INSURANCE LIFE INSURANCE COMPANY LIMITED LIABILITY LIQUIDITY LIQUIDITY RISK LLC LOAN LOSS PROVISIONS LOAN PORTFOLIOS MARKET CAP MARKET CAPITALIZATION MARKET REGULATOR MARKET RISKS MARKET SHARE MONETARY FUND MUTUAL FUNDS NET ASSETS NON-PERFORMING LOAN NPL OPERATIONAL RISK PENSION PENSION FUND PENSION FUNDS PORTFOLIO PORTFOLIO QUALITY PREPAYMENTS PRIVATE BANK PRIVATE INVESTMENTS PRIVATIZATION PRODUCTIVITY PRUDENTIAL SUPERVISION PUBLIC BUDGET PUBLIC DEBT PUBLIC FINANCE PURCHASING PURCHASING POWER QUALITY ASSURANCE QUALITY CONTROL RECAPITALIZATION REDEMPTION RESERVES RETURNS RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAVINGS SAVINGS BANKS SECURITIES SECURITIES MARKET SELLING SHAREHOLDERS SOLVENCY SOVEREIGN DEBT STATE OWNED BANKS STATUTORY REQUIREMENTS STOCK EXCHANGE STOCK EXCHANGES SUBSIDIARIES SUBSIDIARY SUPERVISION OF BANKS SUPERVISORY BOARD SUPERVISORY BOARDS TAX LAWS TAX REFORM TAX RULES TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADING TRANSPARENCY TREATIES TURNOVER UNAUDITED FINANCIAL STATEMENTS WAREHOUSE WITHDRAWAL World Bank Slovenia Report on the Observance of Standards and Codes : Accounting and Auditing |
| geographic_facet |
Europe and Central Asia Slovenia |
| description |
This assessment of accounting and
auditing practices in Slovenia is part of a joint initiative
of the World Bank and International Monetary Fund (IMF) to
prepare Reports on the Observance of Standards and Codes
(ROSC). The assessment focuses on the strengths and
weaknesses of the accounting and auditing environment that
influence the quality of corporate financial reporting and
includes a review of both mandatory requirements and actual
practice. This is the second A&A ROSC for Slovenia and
based on information collected in 2013, early 2014. The
first one was published in 2004. As the requirements of the
EU acquis communautaire and international standards have
already been adopted in the financial sector this assessment
focuses on the proper application of these requirements,
with the view that improved financial information raises the
capacity of regulators to maintain financial stability, and
improve the level of trust in the financial system, in the
context of an ongoing recapitalization exercise. In the
State Owned Enterprises, or SOEs, the report focuses on the
requirements applicable to them and how well these are
enforced, as well as to what extent the government uses the
financial reporting and audit process to monitor SOEs and
hold their management teams accountable. This report also
considers SMEs financial reporting, including how current
requirements compare with the latest revisions to the EU
Accounting Directive, which further simplified requirements
for smaller companies. Finally, audit oversight and quality
assurance systems are assessed, including the feasibility of
incorporating the audit oversight body as part of the
financial sector supervisor. |
| format |
Report |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Slovenia Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_short |
Slovenia Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_full |
Slovenia Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_fullStr |
Slovenia Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_full_unstemmed |
Slovenia Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_sort |
slovenia report on the observance of standards and codes : accounting and auditing |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/499511479710238625/Slovenia-Report-on-the-observance-of-standards-and-codes-ROSC-accounting-and-auditing http://hdl.handle.net/10986/25724 |
| _version_ |
1764459993338216448 |
| spelling |
okr-10986-257242021-04-23T14:04:31Z Slovenia Report on the Observance of Standards and Codes : Accounting and Auditing World Bank ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANT ACCOUNTANTS ACCOUNTING ACCOUNTING RULES ACCOUNTING STANDARD ACCOUNTING STANDARDS ACCOUNTING TREATMENT ACCOUNTS ACCRUALS ASSET MANAGEMENT ASSET MANAGEMENT COMPANIES ASSET QUALITY ASSET VALUE AUDIT COMMITTEE AUDIT COMMITTEES AUDIT REPORTS AUDIT STANDARDS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITORS AUDITS AVAILABILITY OF CREDIT BAD DEBTS BAILOUT BALANCE SHEET BALANCE SHEETS BANK ASSET BANK OF SLOVENIA BANK RESTRUCTURING BANKING CRISIS BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKING UNION BOARDS OF DIRECTORS BOOK VALUE BROKERAGE CAPITAL ADEQUACY CAPITAL ADEQUACY DIRECTIVE CAPITAL ADEQUACY RATIOS CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CAPITAL STRUCTURES CASH FLOW CENTRAL BANK CHARTS OF ACCOUNTS CIVIL LAW COMPANY LAW CONFLICTS OF INTEREST CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATION CONTINGENT LIABILITIES COOPERATIVES CORPORATE GOVERNANCE CREDIT DECISIONS CREDIT INSTITUTIONS CREDIT PRACTICES CREDIT RATING CREDIT RATING INFORMATION CREDIT RISK CURRENCY DEBT BURDEN DEBTS DEFERRED INCOME DEPRECIATION DISCLOSURE REQUIREMENTS ECONOMIC DEVELOPMENT ECONOMIC STABILITY EFFECTIVE GOVERNANCE EMPLOYMENT EQUALIZATION EQUIPMENT EQUITY MARKET EQUITY VALUE EUROPEAN CENTRAL BANK EXPENDITURE EXTERNAL AUDITORS FINANCIAL CRISIS FINANCIAL DATA FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKETS FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL REPORTS FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEM FISCAL DEFICIT FOREIGN DIRECT INVESTMENT FOREIGN FINANCING GOOD PRACTICES GOVERNANCE ISSUES GOVERNMENT BONDS GOVERNMENT BORROWINGS GOVERNMENT DEBT GROSS DOMESTIC PRODUCT HOLDING HOLDING COMPANIES INCOME TAX INDEBTEDNESS INSTITUTIONAL CAPACITY INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURANCE MARKET INSURANCE POLICY INSURANCE PREMIUMS INTEREST RATE INTEREST RATE RISK INTERNAL AUDIT INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE INTERNATIONAL CAPITAL INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTMENT FUND INVESTMENT FUNDS JOINT STOCK COMPANIES JOINT STOCK COMPANY JOINT-STOCK COMPANIES JOINT-STOCK COMPANY LAWS LEGAL FRAMEWORK LEGAL INSTRUMENTS LEGAL TRADITION LEGISLATION LEGISLATIVE FRAMEWORK LENDERS LIFE INSURANCE LIFE INSURANCE COMPANY LIMITED LIABILITY LIQUIDITY LIQUIDITY RISK LLC LOAN LOSS PROVISIONS LOAN PORTFOLIOS MARKET CAP MARKET CAPITALIZATION MARKET REGULATOR MARKET RISKS MARKET SHARE MONETARY FUND MUTUAL FUNDS NET ASSETS NON-PERFORMING LOAN NPL OPERATIONAL RISK PENSION PENSION FUND PENSION FUNDS PORTFOLIO PORTFOLIO QUALITY PREPAYMENTS PRIVATE BANK PRIVATE INVESTMENTS PRIVATIZATION PRODUCTIVITY PRUDENTIAL SUPERVISION PUBLIC BUDGET PUBLIC DEBT PUBLIC FINANCE PURCHASING PURCHASING POWER QUALITY ASSURANCE QUALITY CONTROL RECAPITALIZATION REDEMPTION RESERVES RETURNS RISK MANAGEMENT RISK MANAGEMENT SYSTEMS SAVINGS SAVINGS BANKS SECURITIES SECURITIES MARKET SELLING SHAREHOLDERS SOLVENCY SOVEREIGN DEBT STATE OWNED BANKS STATUTORY REQUIREMENTS STOCK EXCHANGE STOCK EXCHANGES SUBSIDIARIES SUBSIDIARY SUPERVISION OF BANKS SUPERVISORY BOARD SUPERVISORY BOARDS TAX LAWS TAX REFORM TAX RULES TAXATION TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADING TRANSPARENCY TREATIES TURNOVER UNAUDITED FINANCIAL STATEMENTS WAREHOUSE WITHDRAWAL This assessment of accounting and auditing practices in Slovenia is part of a joint initiative of the World Bank and International Monetary Fund (IMF) to prepare Reports on the Observance of Standards and Codes (ROSC). The assessment focuses on the strengths and weaknesses of the accounting and auditing environment that influence the quality of corporate financial reporting and includes a review of both mandatory requirements and actual practice. This is the second A&A ROSC for Slovenia and based on information collected in 2013, early 2014. The first one was published in 2004. As the requirements of the EU acquis communautaire and international standards have already been adopted in the financial sector this assessment focuses on the proper application of these requirements, with the view that improved financial information raises the capacity of regulators to maintain financial stability, and improve the level of trust in the financial system, in the context of an ongoing recapitalization exercise. In the State Owned Enterprises, or SOEs, the report focuses on the requirements applicable to them and how well these are enforced, as well as to what extent the government uses the financial reporting and audit process to monitor SOEs and hold their management teams accountable. This report also considers SMEs financial reporting, including how current requirements compare with the latest revisions to the EU Accounting Directive, which further simplified requirements for smaller companies. Finally, audit oversight and quality assurance systems are assessed, including the feasibility of incorporating the audit oversight body as part of the financial sector supervisor. 2016-12-13T15:49:40Z 2016-12-13T15:49:40Z 2014-05 Report http://documents.worldbank.org/curated/en/499511479710238625/Slovenia-Report-on-the-observance-of-standards-and-codes-ROSC-accounting-and-auditing http://hdl.handle.net/10986/25724 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Accounting and Auditing Assessment Europe and Central Asia Slovenia |