A New World Bank report has urged the government to finalise the statutory framework of the accounting and auditing sector and relax restrictions on foreign accountants and auditors to practice in the country. The Report on the Observance of Standards and Codes – Accounting and Auditing, released on June 16, noted that Myanmar’s revisions to […]
World Bank urges liberalisation of accounting and auditing sector
June 20, 2017 by thiha
Filed Under: Latest News Tagged With: “Reports on the Observance of Standards and Codes” (ROSC), Abdoulaye Seck, chair of Myanmar Institute of Certified Public Accountants, Financial Institutions Law, international financial reporting standards [IFRS], International Monetary Fund (IMF), manager of operations in financial management at World Bank, Myanmar, Myanmar Accountancy Council (MAC), Myanmar Companies Law, Myanmar Institute of Certified Public Accountants (MICPA), Myanmar’s Professional Accountancy Organisation, PAO, Roberto Tarallo, Securities Exchange Law, U Wan Tin, Union Auditor-General U Maw Than, World Bank, World Bank country manager
