Description: Jordan : Country Financial Accountability Assessment

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Jordan : Country Financial Accountability Assessment

This Country Financial Accountability Assessment (CFAA) for Jordan is a diagnosis of the country's public and private financial accountability framework, financial management systems and practices. The main objective is to: a) assess whether t...

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Bibliographic Details
Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2013
Subjects:	COUNTRY ECONOMIC WORK PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR PARTICIPATION GOVERNMENT BUDGETING ACCOUNTING STANDARDS GOVERNANCE PRIVATE FINANCING CAPACITY BUILDING FOREIGN INVESTMENT BUDGET ADMINISTRATION ACCOUNT ACCOUNTABILITY ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING PRACTICES ACCOUNTS ACCRUAL ACCOUNTING APPROPRIATIONS AUDIT DEPARTMENTS AUDITING AUDITING PRINCIPLES AUDITING PROFESSION AUDITING STANDARDS AUDITORS AUTHORITY AUTHORIZATION AUTONOMOUS AGENCY BANK ACCOUNTS BANKING LAW BANKING SUPERVISION BANKING SYSTEM BOOKKEEPING BUDGET EXECUTION BUDGET EXPENDITURES BUDGET IMPLEMENTATION BUDGET PROCESS BUDGET REFORM BUDGET REVIEWS BUDGET SYSTEM BUDGETING CAPITAL EXPENDITURES CASH ACCOUNTING CASH MANAGEMENT CASH TRANSFERS CENTRAL GOVERNMENT CERTIFIED PUBLIC ACCOUNTANTS CHECKING CITIZENS CIVIL SERVICE CONSOLIDATION CONSTITUTION CORPORATE GOVERNANCE CORRUPTION COST ACCOUNTING COUNCIL OF MINISTERS COUNCILS DECENTRALIZATION DECISION - MAKING DECISION MAKERS DECISION MAKING DECISION MAKING PROCESS DECISION- MAKERS DECISION-MAKING DECREE DEPOSITS DEVOLUTION DISCLOSURE DOUBLE ENTRY BOOKKEEPING EMPLOYMENT EXECUTION EXPENDITURE EXTERNAL AUDITORS FINANCIAL ACCOUNTABILITY FINANCIAL ASSISTANCE FINANCIAL AUDITS FINANCIAL CONTROL FINANCIAL INFORMATION FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL REGULATION FINANCIAL REGULATIONS FINANCIAL REPORTING FINANCIAL RESOURCES FINANCIAL STATEMENTS FINANCIAL SYSTEMS FISCAL FISCAL BALANCE FISCAL YEAR GAAP GOVERNMENT ACCOUNTING GOVERNMENT AUDITING GOVERNMENT DEPARTMENT GOVERNMENT DEPARTMENTS GOVERNMENT ENTITIES GOVERNMENT EXPENDITURES GOVERNMENT INSTITUTIONS GOVERNMENT MANAGEMENT GOVERNMENT MINISTRIES GOVERNMENT OFFICIALS GOVERNMENT PERFORMANCE GOVERNMENT PROGRAM GOVERNMENT REVENUES GOVERNMENT SYSTEMS HUMAN RESOURCE IMPORTANCE OF MANAGEMENT INSTITUTIONAL ARRANGEMENTS INSURANCE INTERNAL AUDIT INTERNAL AUDITORS JUDICIARY LAWS LEGAL FRAMEWORK LEGISLATION LEGISLATURE LEVELS OF GOVERNMENT LOCAL GOVERNMENT LOWER HOUSE MANAGEMENT MANAGEMENT INFORMATION SYSTEMS MINISTRY OF FINANCE MUNICIPALITIES NATIONAL BUDGET NATIONS PEER REVIEW PRIVATE SECTOR PROCUREMENT PUBLIC ACCOUNTING PUBLIC ADMINISTRATION PUBLIC ENTERPRISES PUBLIC FINANCE PUBLIC FINANCES PUBLIC FUNDS PUBLIC INSTITUTIONS PUBLIC SECTOR PUBLIC SECTOR ACCOUNTABILITY PUBLIC SECTOR REFORM PUBLIC SERVICE PUBLIC SERVICE DELIVERY PUBLIC SERVICES PUBLIC SPENDING QUALITY CONTROL REPORTING RESOURCE ALLOCATION RESOURCE MOBILIZATION RETIREMENT SAVINGS STATE BUDGET STATE-OWNED ENTERPRISES TAX TECHNICAL ASSISTANCE TRANSPARENCY TREASURY UPPER HOUSE
Online Access:	http://documents.worldbank.org/curated/en/2001/10/2378799/jordan-country-financial-accountability-assessment http://hdl.handle.net/10986/14496

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Summary:	This Country Financial Accountability Assessment (CFAA) for Jordan is a diagnosis of the country's public and private financial accountability framework, financial management systems and practices. The main objective is to: a) assess whether the existing accountability, as designed and practiced, is sufficient to ensure effective and efficient use of public funds; and b) support the country in the design and implementation of financial management capacity building programs in order to promote transparency and strengthen investor confidence in the management of public and private funds. This CFAA is being undertaken as part of the government program for public sector reform. It is based on discussions with Jordanians government officials, private sector representatives and the desk review of related studies and papers undertaken by the government and the Bank regarding: public sector management; private sector accounting and auditing; and education and training in financial management, and accounting. A key element of the CFAA's recommendation targets the auditing profession, which is called upon to ensure that the profession contribute effectively to enhancing private and foreign investment environment through the promotion of sound, internationally accepted disclosure practices.