Republic of Uganda Report on the Observance of Standards and Codes : Accounting and Auditing
This second Report on the Observance of Standards and Codes (ROSC) Accounting and Auditing (A&A) assesses the degree to which the findings and policy recommendations of the first review have been implemented. The report identifies and assesses...
| Main Author: | |
|---|---|
| Format: | Economic & Sector Work |
| Language: | English en_US |
| Published: |
Washington, DC
2015
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2014/01/24018833/uganda-report-observance-standards-codes-rosc-accounting-auditing http://hdl.handle.net/10986/21601 |
| id |
okr-10986-21601 |
|---|---|
| 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 ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING POLICIES ACCOUNTING PRACTICES ACCOUNTING PRINCIPLES ACCOUNTING PROCEDURES ACCOUNTING STANDARDS ACCOUNTS ACCRUALS AUDIT EVIDENCE AUDIT REPORTS AUDIT STANDARDS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITS BALANCE SHEET BANKING SUPERVISION BANKING SYSTEM BROKERS BUSINESS ETHICS BUSINESS LAW CAPACITY BUILDING CAPITAL BASE CAPITAL MARKET CAPITAL MARKETS CASH FLOW CENTRAL GOVERNMENTS CERTIFIED PUBLIC ACCOUNTANTS CIVIL PENALTY COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATION COOPERATIVES CORPORATE GOVERNANCE COST OF SALES CREDIBILITY CREDIT COOPERATIVE CREDIT INSTITUTIONS CREDIT RISK CREDIT UNIONS CREDITOR CREDITOR RIGHTS CURRENCY CURRENCY UNITS DEBENTURES DEPOSIT DEPOSIT TAKING INSTITUTIONS DEPOSITS DEPRECIATION ECONOMIC DEVELOPMENT ENFORCEMENT MECHANISMS EQUIPMENT EXTERNAL AUDITORS FAIR VALUE FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEMS FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT GAAP GOOD PRACTICE GOOD PRACTICES GOVERNMENT SUPPORT GROSS DOMESTIC PRODUCT HOLDING HOUSING HUMAN CAPITAL HUMAN RESOURCES INADEQUATE DISCLOSURE INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE INTERNATIONAL BANK INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTOR CONFIDENCE LACK OF COLLATERAL LAWS LENDING DECISIONS LIQUIDITY LIQUIDITY RISK LOCAL GOVERNMENT LOCAL INVESTORS MACROECONOMIC POLICY MARKET INFRASTRUCTURE MARKET RISK MICRO-FINANCE MIGRATION MONETARY FUND NATURAL RESOURCES OIL RESERVES PAYMENT SYSTEM PEER REVIEW PRIVATE INVESTMENT PRODUCTIVITY PUBLIC FINANCE QUALITY ASSURANCE QUALITY CONTROL QUALITY OF EDUCATION QUALITY STANDARDS REGULATORY AUTHORITY RETIREMENT RETURNS SALES SAVINGS SECURITIES SECURITIES EXCHANGE SECURITIES MARKET SECURITIES REGULATION STATE ENTERPRISES STOCK EXCHANGE STOCK EXCHANGE LISTING SUBSIDIARY TAX TELECOMMUNICATIONS TERRORISM TRADING TRANSPARENCY TRANSPORT TURNOVER UCC URBANIZATION |
| spellingShingle |
ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANT ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING POLICIES ACCOUNTING PRACTICES ACCOUNTING PRINCIPLES ACCOUNTING PROCEDURES ACCOUNTING STANDARDS ACCOUNTS ACCRUALS AUDIT EVIDENCE AUDIT REPORTS AUDIT STANDARDS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITS BALANCE SHEET BANKING SUPERVISION BANKING SYSTEM BROKERS BUSINESS ETHICS BUSINESS LAW CAPACITY BUILDING CAPITAL BASE CAPITAL MARKET CAPITAL MARKETS CASH FLOW CENTRAL GOVERNMENTS CERTIFIED PUBLIC ACCOUNTANTS CIVIL PENALTY COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATION COOPERATIVES CORPORATE GOVERNANCE COST OF SALES CREDIBILITY CREDIT COOPERATIVE CREDIT INSTITUTIONS CREDIT RISK CREDIT UNIONS CREDITOR CREDITOR RIGHTS CURRENCY CURRENCY UNITS DEBENTURES DEPOSIT DEPOSIT TAKING INSTITUTIONS DEPOSITS DEPRECIATION ECONOMIC DEVELOPMENT ENFORCEMENT MECHANISMS EQUIPMENT EXTERNAL AUDITORS FAIR VALUE FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEMS FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT GAAP GOOD PRACTICE GOOD PRACTICES GOVERNMENT SUPPORT GROSS DOMESTIC PRODUCT HOLDING HOUSING HUMAN CAPITAL HUMAN RESOURCES INADEQUATE DISCLOSURE INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE INTERNATIONAL BANK INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTOR CONFIDENCE LACK OF COLLATERAL LAWS LENDING DECISIONS LIQUIDITY LIQUIDITY RISK LOCAL GOVERNMENT LOCAL INVESTORS MACROECONOMIC POLICY MARKET INFRASTRUCTURE MARKET RISK MICRO-FINANCE MIGRATION MONETARY FUND NATURAL RESOURCES OIL RESERVES PAYMENT SYSTEM PEER REVIEW PRIVATE INVESTMENT PRODUCTIVITY PUBLIC FINANCE QUALITY ASSURANCE QUALITY CONTROL QUALITY OF EDUCATION QUALITY STANDARDS REGULATORY AUTHORITY RETIREMENT RETURNS SALES SAVINGS SECURITIES SECURITIES EXCHANGE SECURITIES MARKET SECURITIES REGULATION STATE ENTERPRISES STOCK EXCHANGE STOCK EXCHANGE LISTING SUBSIDIARY TAX TELECOMMUNICATIONS TERRORISM TRADING TRANSPARENCY TRANSPORT TURNOVER UCC URBANIZATION World Bank Republic of Uganda Report on the Observance of Standards and Codes : Accounting and Auditing |
| geographic_facet |
Africa Uganda |
| description |
This second Report on the Observance of
Standards and Codes (ROSC) Accounting and Auditing (A&A)
assesses the degree to which the findings and policy
recommendations of the first review have been implemented.
The report identifies and assesses issues that have emerged
after the first review. From these assessments, the World
Bank team identifies the root causes of failure to implement
the proposed recommendations. It makes policy
recommendations aimed at further improving the quality of
financial reporting, which should contribute to lowering the
cost of borrowing and enhance private sector
competitiveness; ultimately contributing to the attainment
of Uganda s strategic objectives aimed at achieving; (i)
inclusive and sustainable growth, (ii) job creation, and
(iii) improved governance. These are themes in the 2012/2013
and 2013-2014 and Uganda National Budgets. Going forward,
the above key policy recommendations should form the basis
for a stakeholder driven Country Action Plan which should be
regularly monitored to ensure it is effectively implemented.
This will improve financial reporting in both the private
and public sector and therefore play a role in enhancing
transparency and accountability which are key ingredients in
attracting private sector investors and thus lead to
economic growth as well as improve on public service delivery. |
| format |
Economic & Sector Work |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Republic of Uganda Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_short |
Republic of Uganda Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_full |
Republic of Uganda Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_fullStr |
Republic of Uganda Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_full_unstemmed |
Republic of Uganda Report on the Observance of Standards and Codes : Accounting and Auditing |
| title_sort |
republic of uganda report on the observance of standards and codes : accounting and auditing |
| publisher |
Washington, DC |
| publishDate |
2015 |
| url |
http://documents.worldbank.org/curated/en/2014/01/24018833/uganda-report-observance-standards-codes-rosc-accounting-auditing http://hdl.handle.net/10986/21601 |
| _version_ |
1764448735187697664 |
| spelling |
okr-10986-216012021-04-23T14:04:03Z Republic of Uganda Report on the Observance of Standards and Codes : Accounting and Auditing World Bank ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANT ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING POLICIES ACCOUNTING PRACTICES ACCOUNTING PRINCIPLES ACCOUNTING PROCEDURES ACCOUNTING STANDARDS ACCOUNTS ACCRUALS AUDIT EVIDENCE AUDIT REPORTS AUDIT STANDARDS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PROFESSION AUDITING STANDARDS AUDITS BALANCE SHEET BANKING SUPERVISION BANKING SYSTEM BROKERS BUSINESS ETHICS BUSINESS LAW CAPACITY BUILDING CAPITAL BASE CAPITAL MARKET CAPITAL MARKETS CASH FLOW CENTRAL GOVERNMENTS CERTIFIED PUBLIC ACCOUNTANTS CIVIL PENALTY COMMERCIAL BANKS CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATION COOPERATIVES CORPORATE GOVERNANCE COST OF SALES CREDIBILITY CREDIT COOPERATIVE CREDIT INSTITUTIONS CREDIT RISK CREDIT UNIONS CREDITOR CREDITOR RIGHTS CURRENCY CURRENCY UNITS DEBENTURES DEPOSIT DEPOSIT TAKING INSTITUTIONS DEPOSITS DEPRECIATION ECONOMIC DEVELOPMENT ENFORCEMENT MECHANISMS EQUIPMENT EXTERNAL AUDITORS FAIR VALUE FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL SYSTEMS FOREIGN CURRENCY FOREIGN DIRECT INVESTMENT GAAP GOOD PRACTICE GOOD PRACTICES GOVERNMENT SUPPORT GROSS DOMESTIC PRODUCT HOLDING HOUSING HUMAN CAPITAL HUMAN RESOURCES INADEQUATE DISCLOSURE INFLATION INSTITUTIONAL DEVELOPMENT INSURANCE INSURANCE COMPANIES INSURANCE INDUSTRY INTERNAL AUDITORS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL ACCOUNTING STANDARDS COMMITTEE INTERNATIONAL BANK INTERNATIONAL STANDARDS INVESTMENT CLIMATE INVESTOR CONFIDENCE LACK OF COLLATERAL LAWS LENDING DECISIONS LIQUIDITY LIQUIDITY RISK LOCAL GOVERNMENT LOCAL INVESTORS MACROECONOMIC POLICY MARKET INFRASTRUCTURE MARKET RISK MICRO-FINANCE MIGRATION MONETARY FUND NATURAL RESOURCES OIL RESERVES PAYMENT SYSTEM PEER REVIEW PRIVATE INVESTMENT PRODUCTIVITY PUBLIC FINANCE QUALITY ASSURANCE QUALITY CONTROL QUALITY OF EDUCATION QUALITY STANDARDS REGULATORY AUTHORITY RETIREMENT RETURNS SALES SAVINGS SECURITIES SECURITIES EXCHANGE SECURITIES MARKET SECURITIES REGULATION STATE ENTERPRISES STOCK EXCHANGE STOCK EXCHANGE LISTING SUBSIDIARY TAX TELECOMMUNICATIONS TERRORISM TRADING TRANSPARENCY TRANSPORT TURNOVER UCC URBANIZATION This second Report on the Observance of Standards and Codes (ROSC) Accounting and Auditing (A&A) assesses the degree to which the findings and policy recommendations of the first review have been implemented. The report identifies and assesses issues that have emerged after the first review. From these assessments, the World Bank team identifies the root causes of failure to implement the proposed recommendations. It makes policy recommendations aimed at further improving the quality of financial reporting, which should contribute to lowering the cost of borrowing and enhance private sector competitiveness; ultimately contributing to the attainment of Uganda s strategic objectives aimed at achieving; (i) inclusive and sustainable growth, (ii) job creation, and (iii) improved governance. These are themes in the 2012/2013 and 2013-2014 and Uganda National Budgets. Going forward, the above key policy recommendations should form the basis for a stakeholder driven Country Action Plan which should be regularly monitored to ensure it is effectively implemented. This will improve financial reporting in both the private and public sector and therefore play a role in enhancing transparency and accountability which are key ingredients in attracting private sector investors and thus lead to economic growth as well as improve on public service delivery. 2015-03-12T16:24:16Z 2015-03-12T16:24:16Z 2014 http://documents.worldbank.org/curated/en/2014/01/24018833/uganda-report-observance-standards-codes-rosc-accounting-auditing http://hdl.handle.net/10986/21601 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work Economic & Sector Work :: Accounting and Auditing Assessment (ROSC) Africa Uganda |