Republic of Mauritius : Accounting and Auditing
This report is part of the Bank and International Monetary Fund joint initiative on Reports on the Observance of Standards and Codes (ROSC). The ROSC- Accounting & Auditing review process involved an assessment of local accounting and auditing...
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| Format: | Accounting and Auditing Assessment (ROSC) |
| Language: | English en_US |
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Washington DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/04/6572784/report-observance-standards-codes-rosc-mauritius-accounting-auditing http://hdl.handle.net/10986/14551 |
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okr-10986-145512021-04-23T14:03:18Z Republic of Mauritius : Accounting and Auditing World Bank ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRINCIPLES ACCOUNTING RECORDS ACCOUNTING STANDARDS ACCOUNTING TREATMENT AFFILIATE AFFILIATES AUDITED FINANCIAL STATEMENTS AUDITING AUDITORS AUDITS BANK OF MAURITIUS BANKING SUPERVISION BORROWING BORROWING COSTS CAPITALIZATION COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CORPORATE GOVERNANCE DEBENTURES DEBT EXTERNAL AUDITORS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL SERVICES FOREIGN BANKS GROSS DOMESTIC PRODUCT INSURANCE INTANGIBLE ASSETS INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGISLATION LEGISLATIVE FRAMEWORK LITIGATION PENALTIES PENSIONS PROFITABILITY PROVISIONING PROVISIONS PRUDENTIAL REGULATIONS PUBLIC PUBLIC COMPANIES REGULATORY FRAMEWORK RETIREMENT SECURITIES SUBSIDIARIES TAX TAX ADMINISTRATION TAX LAW TRANSPARENCY This report is part of the Bank and International Monetary Fund joint initiative on Reports on the Observance of Standards and Codes (ROSC). The ROSC- Accounting & Auditing review process involved an assessment of local accounting and auditing standards, and actual practices and analysis of effectiveness of the mechanisms for ensuring compliance with the formal standards. The review used a diagnostic template developed by the Bank to facilitate a self-assessment by a National Steering Committee established by the Minister of Economic Development, Financial Services, and Corporate Affairs. The self-assessment results, complemented by the findings of a due diligence exercise conducted by Bank staff, were used in preparing this report. The policy recommendations of this report specifically focus on strengthening the monitoring and enforcement arrangements through a proposed Financial Reporting Council. This body will develop, and disseminate guidelines on international accounting and auditing standards, monitor compliance with financial reporting requirements, conduct practice review of the auditors and audit firms, and enforce actions against infractions. For expediting the implementation of IAS and ISA, there is a need for bolstering professional education and training arrangements. 2013-07-25T14:49:47Z 2013-07-25T14:49:47Z 2003-04-02 http://documents.worldbank.org/curated/en/2003/04/6572784/report-observance-standards-codes-rosc-mauritius-accounting-auditing http://hdl.handle.net/10986/14551 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 Mauritius |
| 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 |
ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRINCIPLES ACCOUNTING RECORDS ACCOUNTING STANDARDS ACCOUNTING TREATMENT AFFILIATE AFFILIATES AUDITED FINANCIAL STATEMENTS AUDITING AUDITORS AUDITS BANK OF MAURITIUS BANKING SUPERVISION BORROWING BORROWING COSTS CAPITALIZATION COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CORPORATE GOVERNANCE DEBENTURES DEBT EXTERNAL AUDITORS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL SERVICES FOREIGN BANKS GROSS DOMESTIC PRODUCT INSURANCE INTANGIBLE ASSETS INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGISLATION LEGISLATIVE FRAMEWORK LITIGATION PENALTIES PENSIONS PROFITABILITY PROVISIONING PROVISIONS PRUDENTIAL REGULATIONS PUBLIC PUBLIC COMPANIES REGULATORY FRAMEWORK RETIREMENT SECURITIES SUBSIDIARIES TAX TAX ADMINISTRATION TAX LAW TRANSPARENCY |
| spellingShingle |
ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRINCIPLES ACCOUNTING RECORDS ACCOUNTING STANDARDS ACCOUNTING TREATMENT AFFILIATE AFFILIATES AUDITED FINANCIAL STATEMENTS AUDITING AUDITORS AUDITS BANK OF MAURITIUS BANKING SUPERVISION BORROWING BORROWING COSTS CAPITALIZATION COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CORPORATE GOVERNANCE DEBENTURES DEBT EXTERNAL AUDITORS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL SERVICES FOREIGN BANKS GROSS DOMESTIC PRODUCT INSURANCE INTANGIBLE ASSETS INTERNATIONAL ACCOUNTING STANDARDS LAWS LEGISLATION LEGISLATIVE FRAMEWORK LITIGATION PENALTIES PENSIONS PROFITABILITY PROVISIONING PROVISIONS PRUDENTIAL REGULATIONS PUBLIC PUBLIC COMPANIES REGULATORY FRAMEWORK RETIREMENT SECURITIES SUBSIDIARIES TAX TAX ADMINISTRATION TAX LAW TRANSPARENCY World Bank Republic of Mauritius : Accounting and Auditing |
| geographic_facet |
Africa Mauritius |
| description |
This report is part of the Bank and
International Monetary Fund joint initiative on Reports on
the Observance of Standards and Codes (ROSC). The ROSC-
Accounting & Auditing review process involved an
assessment of local accounting and auditing standards, and
actual practices and analysis of effectiveness of the
mechanisms for ensuring compliance with the formal
standards. The review used a diagnostic template developed
by the Bank to facilitate a self-assessment by a National
Steering Committee established by the Minister of Economic
Development, Financial Services, and Corporate Affairs. The
self-assessment results, complemented by the findings of a
due diligence exercise conducted by Bank staff, were used in
preparing this report. The policy recommendations of this
report specifically focus on strengthening the monitoring
and enforcement arrangements through a proposed Financial
Reporting Council. This body will develop, and disseminate
guidelines on international accounting and auditing
standards, monitor compliance with financial reporting
requirements, conduct practice review of the auditors and
audit firms, and enforce actions against infractions. For
expediting the implementation of IAS and ISA, there is a
need for bolstering professional education and training arrangements. |
| format |
Economic & Sector Work :: Accounting and Auditing Assessment (ROSC) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Republic of Mauritius : Accounting and Auditing |
| title_short |
Republic of Mauritius : Accounting and Auditing |
| title_full |
Republic of Mauritius : Accounting and Auditing |
| title_fullStr |
Republic of Mauritius : Accounting and Auditing |
| title_full_unstemmed |
Republic of Mauritius : Accounting and Auditing |
| title_sort |
republic of mauritius : accounting and auditing |
| publisher |
Washington DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/04/6572784/report-observance-standards-codes-rosc-mauritius-accounting-auditing http://hdl.handle.net/10986/14551 |
| _version_ |
1764429172803895296 |