Zambia Report on the Observance of Standards and Codes : Accounting and Auditing

Zambia Report on the Observance of Standards and Codes : Accounting and Auditing

The government of Zambia is implementing the seventh National Development Plan (NDP) focused on building a diversified and resilient economy for sustained growth and social economic development (2017 – 2021). This second Zambia report on the Observ...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
FINANCIAL REPORTING
FINANCIAL SUPERVISION
ACCOUNTING STANDARDS
AUDITING
ETHICS STANDARDS
INSTITUTIONS
REPORTING PRACTICES
CORPORATE REPORTING
INTERNATIONAL FINANCIAL REPORTING STANDARDS
Online Access:http://documents.worldbank.org/curated/en/577981524650555797/Zambia-Report-on-the-observance-of-standards-and-codes-on-accounting-and-auditing
http://hdl.handle.net/10986/29760
Description
Summary:The government of Zambia is implementing the seventh National Development Plan (NDP) focused on building a diversified and resilient economy for sustained growth and social economic development (2017 – 2021). This second Zambia report on the Observance of Standards and Codes – Accounting and Auditing (ROSC A and A) is aimed at determining reforms that will further strengthen the accountancy profession to accelerate its contribution towards economic and social development. The report is set out as follows. Section I describes the objective, approach, country and economic context, and link between corporate and financial reporting and the seventh NDP, World Bank country partnership strategy, and different sectors; section II provides an assessment of the framework supporting the accountancy profession; section III discusses the status of implementation of 2007 policy recommendation; and section IV lists policy recommendations.

Similar Items