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.
Bibliographic Details
| Main Author: |
World Bank |
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| Format: | Accounting and Auditing Assessment (ROSC)
biblioteca
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| Language: | English
en_US |
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| Published: |
Washington, DC
2004-03-31
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| Subjects: | ACCOUNTABILITY,
ACCOUNTING,
ACCOUNTING POLICIES,
ACCOUNTING PRINCIPLES,
ACCOUNTING STANDARDS,
ACCOUNTING TREATMENT,
ACQUISITION COSTS,
AFFILIATES,
AUDITED FINANCIAL STATEMENTS,
AUDITING,
AUDITORS,
AUDITS,
BANKS,
BONDS,
CAPITAL MARKETS,
CONSOLIDATED FINANCIAL STATEMENTS,
CONSOLIDATION,
CORPORATE GOVERNANCE,
CORPORATE RESTRUCTURING,
ECONOMIC INTEGRATION,
EXTERNAL AUDITORS,
FINANCIAL ACCOUNTING,
FINANCIAL ACCOUNTING STANDARDS,
FINANCIAL ASSETS,
FINANCIAL INFORMATION,
FINANCIAL INSTITUTIONS,
FINANCIAL REPORTING,
FINANCIAL REPORTING STANDARDS,
FOREIGN BANKS,
GAAP,
GENERALLY ACCEPTED ACCOUNTING PRINCIPLES,
GLOBALIZATION,
GROSS REVENUE,
INCOME TAXES,
INFLATION,
INSURANCE,
INTERNAL CONTROLS,
INTERNATIONAL ACCOUNTING STANDARDS,
LEGAL PROVISION,
LEGISLATION,
LIQUIDITY,
LOAN LOSS PROVISIONS,
NAFTA,
PENALTIES,
PRICING POLICIES,
PUBLIC,
RATING AGENCIES,
REGULATORY FRAMEWORK,
SECURITIES,
SECURITIES MARKETS,
STOCK EXCHANGES,
SUBSIDIARIES,
SUBSIDIARY,
TAX,
TAX LAW,
TAX RATES,
TAXATION,
TRANSPARENCY, |
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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
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