the various CBS business units and recruiting an Information Technology (IT) professional to join the team. The Accounting … and Finance Department (AFD) is making progress in implementing accrual accounting, and accounting for foreign exchange … operations (International Accounting Standard (IAS) 21), and has created a new role of Reconciliation Officer to ensure all cash …

Somalia in developing proper frameworks for internal auditing and accounting to bring them toward international accepted norms … needs to be drafted and approved by the management and Board of the Central Bank of Somalia (CBS). In addition, the …