West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing
This Report on the Observance of Standards and Codes for Accounting and Auditing (ROSC A&A) is a part of the World Bank (WB) and International Monetary Fund (IMF) joint initiative to review countries use of 12 internationally recognized standar...
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| Format: | Accounting and Auditing Assessment (ROSC) |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000020439_20100903114004 http://hdl.handle.net/10986/2898 |
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okr-10986-2898 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCEPTABLE COLLATERAL ACCESS TO FINANCING ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANT ACCOUNTANTS ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRINCIPLES ACCOUNTING RULES ACCOUNTING SERVICES ACCOUNTING TREATMENT ACCUMULATED DEPRECIATION AFFILIATES ALLOCATION OF CAPITAL ARREARS AUDIT COMMITTEE AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PRINCIPLES AUDITING PROFESSION AUDITING STANDARDS AUDITOR ROTATION AUDITORS AUDITS BALANCE SHEET BANK LOAN BANKING INSTITUTIONS BANKING LAW BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKS BOOK VALUE BOOKKEEPING BUDGETARY SUPPORT BUSINESS ADMINISTRATION BUSINESS COMMUNITY CAPITAL MARKET CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CASH FLOW CASHFLOW CERTIFIED PUBLIC ACCOUNTANTS CHECKS COMMERCIAL BANKS COMPANY LAW COMPANY LAWS CONTINGENT LIABILITIES CORPORATE BORROWERS CORPORATE GOVERNANCE COST OF CAPITAL CREDIT BUREAU CURRENCY CURRENT ASSETS DEVELOPING COUNTRIES DISCLOSURE REQUIREMENTS DUE DILIGENCE EARNINGS PER SHARE ECONOMIC STABILITY ENTRY REQUIREMENTS EQUIPMENT EXTERNAL AUDITORS FAIR VALUE FAIR VALUES FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL POLICIES FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL REPORTS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL TRANSACTIONS FOREIGN DIRECT INVESTMENT FOREIGN PORTFOLIO INVESTMENT FUTURE CASH FLOWS GAAP GOOD PRACTICE GOOD PRACTICES GOVERNANCE STANDARDS HOLDING IMAGE INADEQUATE DISCLOSURE INCOME TAX INCOME TAXES INFORMATION SYSTEM INSTITUTIONAL INVESTOR INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURANCE INDUSTRY INSURANCE PRODUCTS INTEREST RATE INTERNAL AUDITORS INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVENTORIES INVESTMENT ACTIVITIES INVESTMENT CLIMATE INVESTMENT FUND ISLAMIC BANKING ISLAMIC FINANCE ISLAMIC FINANCIAL INSTITUTIONS ISSUANCE LAWS LEGAL FRAMEWORK LEGISLATION LETTERS OF CREDIT LIMITED LIABILITY LIMITED PARTNERSHIP LOAN GUARANTEE LOCAL CURRENCY LOSS STATEMENT LOSS STATEMENTS MANDATES MARKET ACCESS MARKET CAPITALIZATION MARKET DEVELOPMENT MARKET ECONOMY MARKET TRADING MARKET VALUE MICRO FINANCE MICRO-FINANCE MICRO-FINANCE INSTITUTIONS MONETARY AUTHORITY MONETARY FUND MUNICIPALITIES NET REALIZABLE VALUE NEW PRODUCTS OPEN MARKET OPERATING COSTS OPERATING LEASES ORIGINAL AMOUNTS PENALTIES PENSION PENSION FUNDS PENSIONS PORTFOLIO PRIVATE INVESTMENT PUBLIC INVESTMENT PUBLIC RELATIONS PURCHASING PURCHASING POWER QUALITY ASSURANCE QUALITY CONTROL RECURRENT EXPENDITURES REGULATORY FRAMEWORK REGULATORY INFRASTRUCTURE REMITTANCES RETIREMENT RETURN RETURNS REVALUATION SURPLUS RISK MANAGEMENT SALES SAVINGS SAVINGS ACCOUNTS SECURITIES SECURITIES EXCHANGE SECURITIES LAW SECURITIES MARKET SECURITIES MARKET LAW SELLING SHAREHOLDERS SHAREHOLDERS´ EQUITY STOCK EXCHANGE STOCK EXCHANGES SUBSIDIARIES SUBSTITUTES SUPERVISORY FRAMEWORK TAX TAX ADMINISTRATION TAX BENEFITS TAX RATES TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADE FINANCE TRADE FINANCING TRADING TRADING SYSTEMS TRANSACTION TRANSPARENCY TREASURY TURNOVER VALUATION |
| spellingShingle |
ACCEPTABLE COLLATERAL ACCESS TO FINANCING ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANT ACCOUNTANTS ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRINCIPLES ACCOUNTING RULES ACCOUNTING SERVICES ACCOUNTING TREATMENT ACCUMULATED DEPRECIATION AFFILIATES ALLOCATION OF CAPITAL ARREARS AUDIT COMMITTEE AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PRINCIPLES AUDITING PROFESSION AUDITING STANDARDS AUDITOR ROTATION AUDITORS AUDITS BALANCE SHEET BANK LOAN BANKING INSTITUTIONS BANKING LAW BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKS BOOK VALUE BOOKKEEPING BUDGETARY SUPPORT BUSINESS ADMINISTRATION BUSINESS COMMUNITY CAPITAL MARKET CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CASH FLOW CASHFLOW CERTIFIED PUBLIC ACCOUNTANTS CHECKS COMMERCIAL BANKS COMPANY LAW COMPANY LAWS CONTINGENT LIABILITIES CORPORATE BORROWERS CORPORATE GOVERNANCE COST OF CAPITAL CREDIT BUREAU CURRENCY CURRENT ASSETS DEVELOPING COUNTRIES DISCLOSURE REQUIREMENTS DUE DILIGENCE EARNINGS PER SHARE ECONOMIC STABILITY ENTRY REQUIREMENTS EQUIPMENT EXTERNAL AUDITORS FAIR VALUE FAIR VALUES FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL POLICIES FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL REPORTS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL TRANSACTIONS FOREIGN DIRECT INVESTMENT FOREIGN PORTFOLIO INVESTMENT FUTURE CASH FLOWS GAAP GOOD PRACTICE GOOD PRACTICES GOVERNANCE STANDARDS HOLDING IMAGE INADEQUATE DISCLOSURE INCOME TAX INCOME TAXES INFORMATION SYSTEM INSTITUTIONAL INVESTOR INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURANCE INDUSTRY INSURANCE PRODUCTS INTEREST RATE INTERNAL AUDITORS INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVENTORIES INVESTMENT ACTIVITIES INVESTMENT CLIMATE INVESTMENT FUND ISLAMIC BANKING ISLAMIC FINANCE ISLAMIC FINANCIAL INSTITUTIONS ISSUANCE LAWS LEGAL FRAMEWORK LEGISLATION LETTERS OF CREDIT LIMITED LIABILITY LIMITED PARTNERSHIP LOAN GUARANTEE LOCAL CURRENCY LOSS STATEMENT LOSS STATEMENTS MANDATES MARKET ACCESS MARKET CAPITALIZATION MARKET DEVELOPMENT MARKET ECONOMY MARKET TRADING MARKET VALUE MICRO FINANCE MICRO-FINANCE MICRO-FINANCE INSTITUTIONS MONETARY AUTHORITY MONETARY FUND MUNICIPALITIES NET REALIZABLE VALUE NEW PRODUCTS OPEN MARKET OPERATING COSTS OPERATING LEASES ORIGINAL AMOUNTS PENALTIES PENSION PENSION FUNDS PENSIONS PORTFOLIO PRIVATE INVESTMENT PUBLIC INVESTMENT PUBLIC RELATIONS PURCHASING PURCHASING POWER QUALITY ASSURANCE QUALITY CONTROL RECURRENT EXPENDITURES REGULATORY FRAMEWORK REGULATORY INFRASTRUCTURE REMITTANCES RETIREMENT RETURN RETURNS REVALUATION SURPLUS RISK MANAGEMENT SALES SAVINGS SAVINGS ACCOUNTS SECURITIES SECURITIES EXCHANGE SECURITIES LAW SECURITIES MARKET SECURITIES MARKET LAW SELLING SHAREHOLDERS SHAREHOLDERS´ EQUITY STOCK EXCHANGE STOCK EXCHANGES SUBSIDIARIES SUBSTITUTES SUPERVISORY FRAMEWORK TAX TAX ADMINISTRATION TAX BENEFITS TAX RATES TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADE FINANCE TRADE FINANCING TRADING TRADING SYSTEMS TRANSACTION TRANSPARENCY TREASURY TURNOVER VALUATION World Bank West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing |
| geographic_facet |
Middle East and North Africa Middle East West Bank and Gaza |
| description |
This Report on the Observance of
Standards and Codes for Accounting and Auditing (ROSC
A&A) is a part of the World Bank (WB) and International
Monetary Fund (IMF) joint initiative to review countries use
of 12 internationally recognized standards/codes related to
economic stability and private and financial sector
development, including evaluating the country's
accounting and auditing practices based on internationally
recognized benchmarks and, based on that review, to make
policy recommendations to help it bridge the gaps between
current practices and those considered adequate. ROSC policy
recommendations are intended to help strengthen a
country's financial architecture, attract more foreign
direct investment and foreign portfolio investment, and
mobilize domestic savings, which, in turn, would allow for
pension savings. In addition, improved financial reporting
allows investors to better evaluate corporate prospects and
make informed investment and voting decisions, which results
in a lower cost of capital and a better allocation of
capital and resources. Financial reporting is also the
bedrock of corporate governance, allowing shareholders and
the public at large to monitor management's
performance. The formal financial sector in World Bank and
Group (WB&G) emerged after the signing of the Oslo
accord in 1993 and the Paris protocol in 1994. The Paris
protocol provided Palestinians the authority to administer
monetary and financial affairs in order to support expected
economic growth. Those expectations were never fully
realized because of ongoing tension among stakeholders,
political instability and restrictions on the mobility of
persons and goods. |
| format |
Economic & Sector Work :: Accounting and Auditing Assessment (ROSC) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing |
| title_short |
West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing |
| title_full |
West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing |
| title_fullStr |
West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing |
| title_full_unstemmed |
West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing |
| title_sort |
west bank and gaza : report on the observance of standards and codes - accounting and auditing |
| publisher |
World Bank |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000020439_20100903114004 http://hdl.handle.net/10986/2898 |
| _version_ |
1764386125753876480 |
| spelling |
okr-10986-28982021-04-23T14:02:05Z West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing World Bank ACCEPTABLE COLLATERAL ACCESS TO FINANCING ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANT ACCOUNTANTS ACCOUNTING ACCOUNTING POLICIES ACCOUNTING PRINCIPLES ACCOUNTING RULES ACCOUNTING SERVICES ACCOUNTING TREATMENT ACCUMULATED DEPRECIATION AFFILIATES ALLOCATION OF CAPITAL ARREARS AUDIT COMMITTEE AUDIT REPORTS AUDITED FINANCIAL STATEMENTS AUDITING AUDITING PRINCIPLES AUDITING PROFESSION AUDITING STANDARDS AUDITOR ROTATION AUDITORS AUDITS BALANCE SHEET BANK LOAN BANKING INSTITUTIONS BANKING LAW BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKS BOOK VALUE BOOKKEEPING BUDGETARY SUPPORT BUSINESS ADMINISTRATION BUSINESS COMMUNITY CAPITAL MARKET CAPITAL MARKETS CAPITAL REQUIREMENTS CAPITALIZATION CASH FLOW CASHFLOW CERTIFIED PUBLIC ACCOUNTANTS CHECKS COMMERCIAL BANKS COMPANY LAW COMPANY LAWS CONTINGENT LIABILITIES CORPORATE BORROWERS CORPORATE GOVERNANCE COST OF CAPITAL CREDIT BUREAU CURRENCY CURRENT ASSETS DEVELOPING COUNTRIES DISCLOSURE REQUIREMENTS DUE DILIGENCE EARNINGS PER SHARE ECONOMIC STABILITY ENTRY REQUIREMENTS EQUIPMENT EXTERNAL AUDITORS FAIR VALUE FAIR VALUES FINANCIAL ASSETS FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INSTRUMENTS FINANCIAL MANAGEMENT FINANCIAL MARKET FINANCIAL POLICIES FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS FINANCIAL REPORTS FINANCIAL SECTOR DEVELOPMENT FINANCIAL SERVICES FINANCIAL STATEMENT FINANCIAL STATEMENTS FINANCIAL TRANSACTIONS FOREIGN DIRECT INVESTMENT FOREIGN PORTFOLIO INVESTMENT FUTURE CASH FLOWS GAAP GOOD PRACTICE GOOD PRACTICES GOVERNANCE STANDARDS HOLDING IMAGE INADEQUATE DISCLOSURE INCOME TAX INCOME TAXES INFORMATION SYSTEM INSTITUTIONAL INVESTOR INSURANCE INSURANCE COMPANIES INSURANCE COMPANY INSURANCE INDUSTRY INSURANCE PRODUCTS INTEREST RATE INTERNAL AUDITORS INTERNAL CONTROLS INTERNATIONAL ACCOUNTING STANDARDS INTERNATIONAL BANK INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVENTORIES INVESTMENT ACTIVITIES INVESTMENT CLIMATE INVESTMENT FUND ISLAMIC BANKING ISLAMIC FINANCE ISLAMIC FINANCIAL INSTITUTIONS ISSUANCE LAWS LEGAL FRAMEWORK LEGISLATION LETTERS OF CREDIT LIMITED LIABILITY LIMITED PARTNERSHIP LOAN GUARANTEE LOCAL CURRENCY LOSS STATEMENT LOSS STATEMENTS MANDATES MARKET ACCESS MARKET CAPITALIZATION MARKET DEVELOPMENT MARKET ECONOMY MARKET TRADING MARKET VALUE MICRO FINANCE MICRO-FINANCE MICRO-FINANCE INSTITUTIONS MONETARY AUTHORITY MONETARY FUND MUNICIPALITIES NET REALIZABLE VALUE NEW PRODUCTS OPEN MARKET OPERATING COSTS OPERATING LEASES ORIGINAL AMOUNTS PENALTIES PENSION PENSION FUNDS PENSIONS PORTFOLIO PRIVATE INVESTMENT PUBLIC INVESTMENT PUBLIC RELATIONS PURCHASING PURCHASING POWER QUALITY ASSURANCE QUALITY CONTROL RECURRENT EXPENDITURES REGULATORY FRAMEWORK REGULATORY INFRASTRUCTURE REMITTANCES RETIREMENT RETURN RETURNS REVALUATION SURPLUS RISK MANAGEMENT SALES SAVINGS SAVINGS ACCOUNTS SECURITIES SECURITIES EXCHANGE SECURITIES LAW SECURITIES MARKET SECURITIES MARKET LAW SELLING SHAREHOLDERS SHAREHOLDERS´ EQUITY STOCK EXCHANGE STOCK EXCHANGES SUBSIDIARIES SUBSTITUTES SUPERVISORY FRAMEWORK TAX TAX ADMINISTRATION TAX BENEFITS TAX RATES TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRADE FINANCE TRADE FINANCING TRADING TRADING SYSTEMS TRANSACTION TRANSPARENCY TREASURY TURNOVER VALUATION This Report on the Observance of Standards and Codes for Accounting and Auditing (ROSC A&A) is a part of the World Bank (WB) and International Monetary Fund (IMF) joint initiative to review countries use of 12 internationally recognized standards/codes related to economic stability and private and financial sector development, including evaluating the country's accounting and auditing practices based on internationally recognized benchmarks and, based on that review, to make policy recommendations to help it bridge the gaps between current practices and those considered adequate. ROSC policy recommendations are intended to help strengthen a country's financial architecture, attract more foreign direct investment and foreign portfolio investment, and mobilize domestic savings, which, in turn, would allow for pension savings. In addition, improved financial reporting allows investors to better evaluate corporate prospects and make informed investment and voting decisions, which results in a lower cost of capital and a better allocation of capital and resources. Financial reporting is also the bedrock of corporate governance, allowing shareholders and the public at large to monitor management's performance. The formal financial sector in World Bank and Group (WB&G) emerged after the signing of the Oslo accord in 1993 and the Paris protocol in 1994. The Paris protocol provided Palestinians the authority to administer monetary and financial affairs in order to support expected economic growth. Those expectations were never fully realized because of ongoing tension among stakeholders, political instability and restrictions on the mobility of persons and goods. 2012-03-19T10:24:09Z 2012-03-19T10:24:09Z 2010-07-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000020439_20100903114004 http://hdl.handle.net/10986/2898 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Accounting and Auditing Assessment (ROSC) Middle East and North Africa Middle East West Bank and Gaza |