RegulationCorporate GovernanceAfrican accountants study good governance skills

African accountants study good governance skills

IFAC sponsors workshop in Kenya for African accounting technicians

Quality financial reporting and government’s role in developing this was at
the top of the agenda at a workshop held in Nairobi last week.

The Learning Africa Region Workshop, co-sponsored by the International
Federation of Accountants, the African Development Bank, and the World Bank,
attracted more than 200 participants from governments, auditing professionals
and academia across 37 countries.

Discussions focused on achieving quality reporting and entrenching and
sustaining good governance and ethics.

Recommendations that emerged included the reformation of institutional
frameworks for corporate reporting, building accountancy capacity in the private
and public sectors, and establishing educational guidelines for accounting
technicians.

One of the major outcomes of the Workshop was the establishment of an Africa
Focus Group that will coordinate dissemination and follow-up activities for the
recommendations identified at the Workshop.

IFAC chairman, Ndung’u Gathinji, said the workshop represented the first
major collaborative effort between IFAC and development agencies.

‘It is essential that the organisations represented at the Workshop work
together to address the recommendations that have been put forth,’ he said.

For more go to
www.ifac.org/DevelopingNations/africa_workshop.php

Related Articles

Corporate governance: staying ahead in accountancy

Corporate Governance Corporate governance: staying ahead in accountancy

3m Alia Shoaib, Reporter
One in 20 audit firms quit as market evolves

Audit One in 20 audit firms quit as market evolves

1y Kevin Reed, Writer
Colin: #EURef bankers a problem

Business Regulation Colin: #EURef bankers a problem

1y Taking Stock
PwC and Deloitte chiefs sign Remain letter

Business Regulation PwC and Deloitte chiefs sign Remain letter

1y Kevin Reed, Writer
Leader: Audit competition drives change, not necessarily quality

Accounting Firms Leader: Audit competition drives change, not necessarily quality

1y Kevin Reed, Writer
EU audit reform to open up £10bn market for firms

Accounting Firms EU audit reform to open up £10bn market for firms

1y Richard Crump, Writer
Best Practice: Saffery Champness managing partner Rob Elliott

Accounting Firms Best Practice: Saffery Champness managing partner Rob Elliott

2y Calum Fuller, Reporter
Standard Life Investments opposes EY's appointment as Shell auditors at AGM

Accounting Firms Standard Life Investments opposes EY's appointment as Shell auditors at AGM

2y Richard Crump, Writer