Mexico : Accounting and Auditing
This report offers several policy recommendations aimed at improving the accounting and auditing regulatory framework. An important aspect is the strengthening of enforcement mechanisms for ensuring compliance with accounting and auditing requireme...
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Language: | English en_US |
Published: |
Washington, DC
2013
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Online Access: | http://documents.worldbank.org/curated/en/2004/03/6594446/mexico-report-observance-standards-codes-rosc-accounting-auditing http://hdl.handle.net/10986/14498 |
Summary: | This report offers several policy
recommendations aimed at improving the accounting and
auditing regulatory framework. An important aspect is the
strengthening of enforcement mechanisms for ensuring
compliance with accounting and auditing requirements and
auditors' professional code of ethics; in this context,
a recommendation has been made for the establishment of an
independent oversight body for the audit profession. The
review of accounting and auditing standards and practices in
Mexico, which forms the basis of this report, placed
specific focus on the strengths and weaknesses of the
institutional framework that supports the corporate
financial reporting system in the country. In that context,
specific emphasis was placed on the quality and consistency
of academic curricula for public accountants, as well as on
existing arrangements for the licensing of auditors. |
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