Restructuring Public Financial Management Institutional Arrangements : A Case for Separation of Accounting from Auditing Functions, Government of Bangladesh

This Policy Note focuses on how the Government of Bangladesh can respond in the context of growing demand for better financial management performance, by strengthening the accounting and auditing functions of the government through a distinct cadre. The note also proposes the broader role of the accounting and auditing function in view of contemporary reform in the areas of public financial management and necessary institutional framework that needs to be in place before separation takes place. In addition to these, the note also provides the Government with updated information on the current state of the accounting function vis-a-vis the accounting and auditing cadre and the essential pre-requisites that would need to be addressed before full separation of the cadre is initiated. It sets out policy decisions that need to be taken on a priority basis to accelerate the separation process.

Bibliographic Details

Main Author:	World Bank
Language:	English en_US
Published:	Washington, DC 2010-06
Subjects:	ACCOUNT, ACCOUNTANT, ACCOUNTANTS, ACCOUNTING, ACCOUNTING FRAMEWORK, ACCOUNTING POLICIES, ACCOUNTING SERVICES, ACCOUNTING STANDARDS, ACCOUNTS, APPROPRIATIONS, AUDIT COMMITTEES, AUDIT REPORTS, AUDITED FINANCIAL STATEMENTS, AUDITING, AUDITING FUNCTION, AUDITING POLICIES, AUDITING PRINCIPLES, AUDITING STANDARDS, BANK ACCOUNT, BID, BILLS, BUDGET IMPLEMENTATION, BUDGET MANAGEMENT, BUDGET MONITORING, BUDGET PERFORMANCE, BUDGET PRESENTATION, BUDGETARY PROCESS, BUDGETING, BUSINESS PROCESS REENGINEERING, BUSINESS PROCESSES, CAPACITY BUILDING, CONFLICT OF INTEREST, CONFLICTS OF INTEREST, COOPERATIVES, DECENTRALIZATION, DEPOSITS, DEVELOPING COUNTRIES, DISBURSEMENT, EXPENDITURE, FINANCIAL ACCOUNTING, FINANCIAL ADMINISTRATION, FINANCIAL INFORMATION, FINANCIAL MANAGEMENT, FINANCIAL REPORTING, FINANCIAL REPORTING STANDARDS, FINANCIAL STATEMENTS, GOVERNMENT ACCOUNTS, GOVERNMENT FINANCE, HUMAN RESOURCE, HUMAN RESOURCES, INTERNAL AUDIT, INTERNATIONAL ACCOUNTING STANDARDS, INTERNATIONAL STANDARDS, LEVEL OF COMMITMENT, LOCAL GOVERNMENT, NATIONAL BUDGET, PUBLIC, PUBLIC FINANCE, PUBLIC PRIVATE PARTNERSHIPS, PUBLIC RESOURCES, PUBLIC SECTOR, PUBLIC SECTOR ACCOUNTING, PUBLIC SERVICE, REFORM PROGRAMS, REPORTING, ROADS, SAFETY NET, SOCIAL WELFARE, TELECOMMUNICATIONS, TRANSACTION, TREASURY,
Online Access:	http://documents.worldbank.org/curated/en/2010/06/16453151/bangladesh-restructuring-public-financial-management-institutional-arrangements-case-separation-accounting-auditing-functions https://hdl.handle.net/10986/12833
Tags:	Add Tag No Tags, Be the first to tag this record!