Accounting education development

The accounting skills deficit in Africa limits the capacity to achieve effective public service delivery and private sector development. The public and private sectors have limited staff with adequate training in accountancy to perform internal controls, audits, and similar functions to prevent waste, misappropriation, and corruption and to foster financial transparency. The program is managed by Adenike Sherifat Oyeyiola, Practice Manager (EGVPF), and Edward Olowo-Okere, Global Director (EGVDR).

Building on the success of the previous event on May 19, this SIT continued the discussion by exploring additional international models for Public Sector Accounting education and reviewing the local and regional approaches to promoting accounting education in the Public Sector from PAOs prospective. During the session, members had the opportunity to learn from one country outside of the region (Zambia) as well as two PULSAR countries (Albania and Georgia) and compare these experiences to other relevant models in the CoP member countries.

This SIT aimed at exploring different international models for Public Sector Accounting education and reviewing the local and regional approaches to promoting accounting education in the Public Sector from PAOs prospective. During the session, members had the opportunity to learn from a number of countries outside of the region (specifically South Africa, Philippines and Vietnam) and compare them to relevant models in the CoP member countries.

This webinar’s aim was to:

The Government of Kyrgyz Republic approved its Strategy to enhance and develop financial reporting and auditing framework in the Kyrgyz Republic until 2020, setting forward an ambitious reform to modernize and strengthen corporate financial reporting policies and practices, increasing confidence and transparency of Kyrgyz businesses. To support the Government of Kyrgyz Republic on this ambitious goal, the World Bank’s Centre for Financial Reporting Reform (CFRR) is initiating technical assistance focusing on audit and reporting enhancement in the country.