Report on the Observance of Standards and Codes, Accounting and Auditing : Module B - Institutional Framework for Corporate Financial Reporting, B.2 Listed Companies
The purpose of this report is to gain an understanding of the financial reporting requirements for companies whose equity or debt securities are listed for trading on a regulated market in a jurisdiction in addition to or instead of the requirement...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/213201487925872712/Report-on-the-Observance-of-Standards-and-Codes-ROSC-Accounting-and-Auditing-A-A-module-B-institutional-framework-for-corporate-financial-reporting-B-2-listed-companies http://hdl.handle.net/10986/26227 |
| Summary: | The purpose of this report is to gain an
understanding of the financial reporting requirements for
companies whose equity or debt securities are listed for
trading on a regulated market in a jurisdiction in addition
to or instead of the requirements for commercial enterprises
in general. There are also questions in relation to the
monitoring and enforcement capacity of the local securities
market regulator in respect of financial reporting of listed
companies specifically. Questions are based on international
good practice for listed companies such as the objectives
and principles of securities regulation (2010) issued by the
International Organization of Securities Commissions
(IOSCO). The report is structured as follows: overview of
the securities exchange and market; securities market
regulation; financial reporting requirements for listed
companies; statutory audit and other forms of independent
assurance; audit committees; filing and publication of
financial statements; monitoring and enforcement: financial
reporting; and corporate governance. |
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