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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 …
Persistent link: https://www.econbiz.de/10011986750
Somalia in developing proper frameworks for internal auditing and accounting to bring them toward international accepted norms …
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As elsewhere, the COVID-19 pandemic has led to tragic loss of life and triggered a major economic downturn in Indonesia. The authorities have responded with a bold and comprehensive policy package that has successfully maintained economic and financial stability. With the recovery underway, they...
Persistent link: https://www.econbiz.de/10013168757
The Israeli economy has weathered the COVID-19 crisis exceptionally well, but risks are high. With substantial fiscal and monetary support, real GDP growth reached 8.1 percent in 2021, driven by consumption and high-tech exports. The rapid vaccination campaign boosted confidence. The outlook is...
Persistent link: https://www.econbiz.de/10013168760
The authorities have reacted to the COVID-19 crisis in an appropriate manner, including through increased spending on health and a rollout of the vaccination program. Nevertheless, the deterioration of socio-economic indicators during the pandemic could create scars that would significantly...
Persistent link: https://www.econbiz.de/10013168777
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The RBZ is in the process of recommencing on-site examinations, but due to COVID-19 operational restrictions, these will need to be undertaken remotely. The RBZ has developed a draft remote examination framework document to guide this work and requested AFS assistance to review the framework,...
Persistent link: https://www.econbiz.de/10013168883
The Polish economy has rebounded strongly, with policy actions limiting the damage from the pandemic-induced recession by supporting employment and avoiding unnecessary bankruptcies. While the pandemic continues to take a toll on lives, the economy has been less impacted by successive waves of...
Persistent link: https://www.econbiz.de/10013168890