West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing

World Bank

dc.creator	World Bank
dc.date	2012-03-19T10:24:09Z
dc.date	2012-03-19T10:24:09Z
dc.date	2010-07-01
dc.date.accessioned	2023-02-17T20:43:39Z
dc.date.available	2023-02-17T20:43:39Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000020439_20100903114004
dc.identifier	http://hdl.handle.net/10986/2898
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/243254
dc.description	This Report on the Observance of Standards and Codes for Accounting and Auditing (ROSC A&A) is a part of the World Bank (WB) and International Monetary Fund (IMF) joint initiative to review countries use of 12 internationally recognized standards/codes related to economic stability and private and financial sector development, including evaluating the country's accounting and auditing practices based on internationally recognized benchmarks and, based on that review, to make policy recommendations to help it bridge the gaps between current practices and those considered adequate. ROSC policy recommendations are intended to help strengthen a country's financial architecture, attract more foreign direct investment and foreign portfolio investment, and mobilize domestic savings, which, in turn, would allow for pension savings. In addition, improved financial reporting allows investors to better evaluate corporate prospects and make informed investment and voting decisions, which results in a lower cost of capital and a better allocation of capital and resources. Financial reporting is also the bedrock of corporate governance, allowing shareholders and the public at large to monitor management's performance. The formal financial sector in World Bank and Group (WB&G) emerged after the signing of the Oslo accord in 1993 and the Paris protocol in 1994. The Paris protocol provided Palestinians the authority to administer monetary and financial affairs in order to support expected economic growth. Those expectations were never fully realized because of ongoing tension among stakeholders, political instability and restrictions on the mobility of persons and goods.
dc.language	English
dc.publisher	World Bank
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCEPTABLE COLLATERAL
dc.subject	ACCESS TO FINANCING
dc.subject	ACCOUNT
dc.subject	ACCOUNTABILITY
dc.subject	ACCOUNTANCY
dc.subject	ACCOUNTANT
dc.subject	ACCOUNTANTS
dc.subject	ACCOUNTING
dc.subject	ACCOUNTING POLICIES
dc.subject	ACCOUNTING PRINCIPLES
dc.subject	ACCOUNTING RULES
dc.subject	ACCOUNTING SERVICES
dc.subject	ACCOUNTING TREATMENT
dc.subject	ACCUMULATED DEPRECIATION
dc.subject	AFFILIATES
dc.subject	ALLOCATION OF CAPITAL
dc.subject	ARREARS
dc.subject	AUDIT COMMITTEE
dc.subject	AUDIT REPORTS
dc.subject	AUDITED FINANCIAL STATEMENTS
dc.subject	AUDITING
dc.subject	AUDITING PRINCIPLES
dc.subject	AUDITING PROFESSION
dc.subject	AUDITING STANDARDS
dc.subject	AUDITOR ROTATION
dc.subject	AUDITORS
dc.subject	AUDITS
dc.subject	BALANCE SHEET
dc.subject	BANK LOAN
dc.subject	BANKING INSTITUTIONS
dc.subject	BANKING LAW
dc.subject	BANKING SECTOR
dc.subject	BANKING SUPERVISION
dc.subject	BANKING SYSTEM
dc.subject	BANKS
dc.subject	BOOK VALUE
dc.subject	BOOKKEEPING
dc.subject	BUDGETARY SUPPORT
dc.subject	BUSINESS ADMINISTRATION
dc.subject	BUSINESS COMMUNITY
dc.subject	CAPITAL MARKET
dc.subject	CAPITAL MARKETS
dc.subject	CAPITAL REQUIREMENTS
dc.subject	CAPITALIZATION
dc.subject	CASH FLOW
dc.subject	CASHFLOW
dc.subject	CERTIFIED PUBLIC ACCOUNTANTS
dc.subject	CHECKS
dc.subject	COMMERCIAL BANKS
dc.subject	COMPANY LAW
dc.subject	COMPANY LAWS
dc.subject	CONTINGENT LIABILITIES
dc.subject	CORPORATE BORROWERS
dc.subject	CORPORATE GOVERNANCE
dc.subject	COST OF CAPITAL
dc.subject	CREDIT BUREAU
dc.subject	CURRENCY
dc.subject	CURRENT ASSETS
dc.subject	DEVELOPING COUNTRIES
dc.subject	DISCLOSURE REQUIREMENTS
dc.subject	DUE DILIGENCE
dc.subject	EARNINGS PER SHARE
dc.subject	ECONOMIC STABILITY
dc.subject	ENTRY REQUIREMENTS
dc.subject	EQUIPMENT
dc.subject	EXTERNAL AUDITORS
dc.subject	FAIR VALUE
dc.subject	FAIR VALUES
dc.subject	FINANCIAL ASSETS
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL INFORMATION
dc.subject	FINANCIAL INSTITUTIONS
dc.subject	FINANCIAL INSTRUMENTS
dc.subject	FINANCIAL MANAGEMENT
dc.subject	FINANCIAL MARKET
dc.subject	FINANCIAL POLICIES
dc.subject	FINANCIAL REPORTING
dc.subject	FINANCIAL REPORTING STANDARDS
dc.subject	FINANCIAL REPORTS
dc.subject	FINANCIAL SECTOR DEVELOPMENT
dc.subject	FINANCIAL SERVICES
dc.subject	FINANCIAL STATEMENT
dc.subject	FINANCIAL STATEMENTS
dc.subject	FINANCIAL TRANSACTIONS
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN PORTFOLIO INVESTMENT
dc.subject	FUTURE CASH FLOWS
dc.subject	GAAP
dc.subject	GOOD PRACTICE
dc.subject	GOOD PRACTICES
dc.subject	GOVERNANCE STANDARDS
dc.subject	HOLDING
dc.subject	IMAGE
dc.subject	INADEQUATE DISCLOSURE
dc.subject	INCOME TAX
dc.subject	INCOME TAXES
dc.subject	INFORMATION SYSTEM
dc.subject	INSTITUTIONAL INVESTOR
dc.subject	INSURANCE
dc.subject	INSURANCE COMPANIES
dc.subject	INSURANCE COMPANY
dc.subject	INSURANCE INDUSTRY
dc.subject	INSURANCE PRODUCTS
dc.subject	INTEREST RATE
dc.subject	INTERNAL AUDITORS
dc.subject	INTERNAL CONTROLS
dc.subject	INTERNATIONAL ACCOUNTING STANDARDS
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL STANDARD
dc.subject	INTERNATIONAL STANDARDS
dc.subject	INVENTORIES
dc.subject	INVESTMENT ACTIVITIES
dc.subject	INVESTMENT CLIMATE
dc.subject	INVESTMENT FUND
dc.subject	ISLAMIC BANKING
dc.subject	ISLAMIC FINANCE
dc.subject	ISLAMIC FINANCIAL INSTITUTIONS
dc.subject	ISSUANCE
dc.subject	LAWS
dc.subject	LEGAL FRAMEWORK
dc.subject	LEGISLATION
dc.subject	LETTERS OF CREDIT
dc.subject	LIMITED LIABILITY
dc.subject	LIMITED PARTNERSHIP
dc.subject	LOAN GUARANTEE
dc.subject	LOCAL CURRENCY
dc.subject	LOSS STATEMENT
dc.subject	LOSS STATEMENTS
dc.subject	MANDATES
dc.subject	MARKET ACCESS
dc.subject	MARKET CAPITALIZATION
dc.subject	MARKET DEVELOPMENT
dc.subject	MARKET ECONOMY
dc.subject	MARKET TRADING
dc.subject	MARKET VALUE
dc.subject	MICRO FINANCE
dc.subject	MICRO-FINANCE
dc.subject	MICRO-FINANCE INSTITUTIONS
dc.subject	MONETARY AUTHORITY
dc.subject	MONETARY FUND
dc.subject	MUNICIPALITIES
dc.subject	NET REALIZABLE VALUE
dc.subject	NEW PRODUCTS
dc.subject	OPEN MARKET
dc.subject	OPERATING COSTS
dc.subject	OPERATING LEASES
dc.subject	ORIGINAL AMOUNTS
dc.subject	PENALTIES
dc.subject	PENSION
dc.subject	PENSION FUNDS
dc.subject	PENSIONS
dc.subject	PORTFOLIO
dc.subject	PRIVATE INVESTMENT
dc.subject	PUBLIC INVESTMENT
dc.subject	PUBLIC RELATIONS
dc.subject	PURCHASING
dc.subject	PURCHASING POWER
dc.subject	QUALITY ASSURANCE
dc.subject	QUALITY CONTROL
dc.subject	RECURRENT EXPENDITURES
dc.subject	REGULATORY FRAMEWORK
dc.subject	REGULATORY INFRASTRUCTURE
dc.subject	REMITTANCES
dc.subject	RETIREMENT
dc.subject	RETURN
dc.subject	RETURNS
dc.subject	REVALUATION SURPLUS
dc.subject	RISK MANAGEMENT
dc.subject	SALES
dc.subject	SAVINGS
dc.subject	SAVINGS ACCOUNTS
dc.subject	SECURITIES
dc.subject	SECURITIES EXCHANGE
dc.subject	SECURITIES LAW
dc.subject	SECURITIES MARKET
dc.subject	SECURITIES MARKET LAW
dc.subject	SELLING
dc.subject	SHAREHOLDERS
dc.subject	SHAREHOLDERS´ EQUITY
dc.subject	STOCK EXCHANGE
dc.subject	STOCK EXCHANGES
dc.subject	SUBSIDIARIES
dc.subject	SUBSTITUTES
dc.subject	SUPERVISORY FRAMEWORK
dc.subject	TAX
dc.subject	TAX ADMINISTRATION
dc.subject	TAX BENEFITS
dc.subject	TAX RATES
dc.subject	TECHNICAL ASSISTANCE
dc.subject	TELECOMMUNICATIONS
dc.subject	TRADE FINANCE
dc.subject	TRADE FINANCING
dc.subject	TRADING
dc.subject	TRADING SYSTEMS
dc.subject	TRANSACTION
dc.subject	TRANSPARENCY
dc.subject	TREASURY
dc.subject	TURNOVER
dc.subject	VALUATION
dc.title	West Bank and Gaza : Report on the Observance of Standards and Codes - Accounting and Auditing
dc.type	Economic & Sector Work :: Accounting and Auditing Assessment (ROSC)
dc.coverage	Middle East and North Africa
dc.coverage	Middle East
dc.coverage	West Bank and Gaza