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Burkina Faso Accounting and Auditing

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank.
Series:
Accounting and Auditing Assessment
World Bank e-Library.
Language:
English
Subjects (All):
Accountability.
Accounting.
Audits.
Banking Sector.
Business Environment.
Business in Development.
Capacity Building.
Competitiveness and Competition Policy.
Cooperatives.
Corporate Governance.
Credibility.
Debt Markets.
Finance and Financial Sector Development.
Financial and Private Sector Development.
Financial Institutions.
Financial Management.
Financial Services.
Gross Domestic Product.
Human Resources.
Insurance.
Legal System.
Legislation.
Marketing.
Microcredit.
Microenterprises.
Microfinance Institutions.
Monetary Policy.
Private Investment.
Private Sector Development.
Productivity.
Public Investment.
Quality Assurance.
Quality Control.
Quality of Education.
Retirement.
Technical Assistance.
Transparency.
Local Subjects:
Accountability.
Accounting.
Audits.
Banking Sector.
Business Environment.
Business in Development.
Capacity Building.
Competitiveness and Competition Policy.
Cooperatives.
Corporate Governance.
Credibility.
Debt Markets.
Finance and Financial Sector Development.
Financial and Private Sector Development.
Financial Institutions.
Financial Management.
Financial Services.
Gross Domestic Product.
Human Resources.
Insurance.
Legal System.
Legislation.
Marketing.
Microcredit.
Microenterprises.
Microfinance Institutions.
Monetary Policy.
Private Investment.
Private Sector Development.
Productivity.
Public Investment.
Quality Assurance.
Quality Control.
Quality of Education.
Retirement.
Technical Assistance.
Transparency.
Place of Publication:
Washington, D.C. : The World Bank, 2010.
System Details:
data file
Summary:
This aim of this report is to assess the accounting and financial auditing standards and practices in Burkina Faso in the private and semipublic sectors, using as benchmarks International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISA) and taking into account the good practices noted in the international sphere in these two areas. The main objective of this assessment is to make recommendations aimed at strengthening accounting, financial auditing, and financial transparency practices in the private sector and semipublic enterprises in Burkina Faso. The development objectives associated with these recommendations are as follows: (i) stimulating private investment and enhancing the competitiveness of enterprises; (ii) improving governance in the private market and semipublic sector; and (iii) achieving greater integration of the Burkinabe economy at the regional and international levels.

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