Frequently Asked Questions

What is the standard that has to be followed in preparation of the fiscal reports.

2016-07-13 09:23:28|Laws & Regulations

“Financial reporting under the case basis of accounting standards” by International Public Sector Accounting Standards (IPSAS) published by International Federation of Accountants has to be followed. This standard is attached in the Annex 1 of Budget Circular 2012/04.

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