Required banks to prepare financial statements in accordance with international standards
Page 1 of 1
Required banks to prepare financial statements in accordance with international standards
Admin Mon Dec 26, 2016 10:43 am
26/12/2016 0:00
BAGHDAD / morning
The workshop discussed the work of the Financial Inspection Office and the Central Bank of Iraq and the Iraqi Society of Certified Public Accountants and the Association of Iraqi private banks participated in four axes related to the instructions of the currency window.
Each of the President of the Office of Financial Supervision Dr. Saleh Nouri al-Khalaf has participated and director general of the CBI Ihsan Shomran and a representative of the Iraqi Association for accountants, auditors fair Hassoun.
And eat the first axis accreditation process auditors for the audit selling and buying currency own window of the currency, as this axis dealt with the possibility of converting the private banks involved in currency window trial balance has been considerable debate about whether the same account Checker adoption or transferred to a second auditor to confirm the balance References month.
He said a representative of the Iraqi Association for auditors accountants just Hassoun: "This activity is not the auditor's duties but also the responsibility of internal control."
The second axis included approval of the financial statements in accordance with accounting standards and international standards of disclosure ifrs, banks have decided to claim this program year-end 2016.
The third axis dealt with the formation of a committee of the process of real estate assessment of borrowers process or belonging to the banks has been the formation of a committee comprising Auditors Association and the Association of the Ministry of Trade and Industry for the development of an assessment of the assets that the Commission will complete its work during the two or three months to deliver estimated to own the property of banks, Central Bank of Iraq and not the property of borrowers.
With fourth axis guarantees issued by the Council of Ministers announced a book of the Central Bank Mr. Ahsan Shomran new tax number, which will be applied in the 01/02/2017
http://www.alsabaah.iq/ArticleShow.aspx?ID=128806
BAGHDAD / morning
The workshop discussed the work of the Financial Inspection Office and the Central Bank of Iraq and the Iraqi Society of Certified Public Accountants and the Association of Iraqi private banks participated in four axes related to the instructions of the currency window.
Each of the President of the Office of Financial Supervision Dr. Saleh Nouri al-Khalaf has participated and director general of the CBI Ihsan Shomran and a representative of the Iraqi Association for accountants, auditors fair Hassoun.
And eat the first axis accreditation process auditors for the audit selling and buying currency own window of the currency, as this axis dealt with the possibility of converting the private banks involved in currency window trial balance has been considerable debate about whether the same account Checker adoption or transferred to a second auditor to confirm the balance References month.
He said a representative of the Iraqi Association for auditors accountants just Hassoun: "This activity is not the auditor's duties but also the responsibility of internal control."
The second axis included approval of the financial statements in accordance with accounting standards and international standards of disclosure ifrs, banks have decided to claim this program year-end 2016.
The third axis dealt with the formation of a committee of the process of real estate assessment of borrowers process or belonging to the banks has been the formation of a committee comprising Auditors Association and the Association of the Ministry of Trade and Industry for the development of an assessment of the assets that the Commission will complete its work during the two or three months to deliver estimated to own the property of banks, Central Bank of Iraq and not the property of borrowers.
With fourth axis guarantees issued by the Council of Ministers announced a book of the Central Bank Mr. Ahsan Shomran new tax number, which will be applied in the 01/02/2017
http://www.alsabaah.iq/ArticleShow.aspx?ID=128806
Admin- Admin
- Posts : 29357
Join date : 2012-04-30
Location : Arizona -
Similar topics» Banks claim numbers of financial statements in accordance with international accounting standards the end of 2016
» Central contracts with international companies to "evaluate" the work of banks and show his commitment to the application of international standards
» Prepare for meetings with international experts to restructure banks
» The Association of Iraqi Private Banks joins a course on international standards and FATF recommendations
» Parliamentary Finance Committee: prepare for meetings with international experts to restructure banks
» Central contracts with international companies to "evaluate" the work of banks and show his commitment to the application of international standards
» Prepare for meetings with international experts to restructure banks
» The Association of Iraqi Private Banks joins a course on international standards and FATF recommendations
» Parliamentary Finance Committee: prepare for meetings with international experts to restructure banks
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|