Examples of using Reporting infrastructure in English and their translations into Arabic
{-}
-
Colloquial
-
Political
-
Ecclesiastic
-
Ecclesiastic
-
Computer
We have an extensive bug reporting infrastructure.
Therefore, the successful implementation of IFRS will depend partly on therobustness of the other elements of a global financial reporting infrastructure.
The investment in reporting infrastructure would provide non-technical staff with easy and timely access to accurate human resources data.
The panellist noted thataccounting standards formed part of a financial reporting infrastructure.
This case study presents the financial reporting infrastructure, including the regulatory framework, enforcement, capacity-building issues and lessons learned.
The information is received in raw format and uploaded into the ProFi reporting infrastructure.
A strong corporate reporting infrastructure is key to improving transparency, fostering investor confidence, facilitating the mobilization of domestic and international financial resources, and promoting financial stability.
Thus, IFRS consist of only one element of the financial reporting infrastructure.
(l) Setting up a dedicated project implementation, administration, monitoring and reporting infrastructure, particularly to support the Joint Research Steering Committee, which it is proposed should direct the professional aspects of the project.
He reminded delegates that while investors demand high-qualityfinancial and non-financial information, the corporate reporting infrastructure in many countries struggles to provide this.
This case study presents the financial reporting infrastructure, including the regulatory framework, enforcement, status of compliance with IFRS among Kenyan companies, capacity-building issues and lessons learned.
This distinction was included in the questionnaire,with a view to more accurately assessing the corporate reporting infrastructure in a country as it applies to different types of entities.
(c) There was broad agreement on the need for more capacity- building in developing countries andcountries in transition with a view to developing a high-quality corporate reporting infrastructure;
Many developing countries, particularly least developed countries(LDCs),lack critical elements of a corporate reporting infrastructure and the capacity to meet the financial and non-financial information needs of users of both public- and private-sector reports. .
The accountancy profession, through IFAC, and international development organizations such as the World Bank, UNCTAD andothers play an important role in strengthening the global financial reporting infrastructure.
He also highlighted the fact that in addition to proper accounting and auditing standards, a robust financial reporting infrastructure required a number of other pillars, including a statutory framework, monitoring and enforcement, education and training, and accounting profession ethics.
Listing requirements on stock exchanges can serve a similar function as regulatory initiatives in promoting high-quality corporate reporting andshould be considered in any assessment of the overall corporate reporting infrastructure.
It was proposed that discussions include issues such as what companies should report publicly;how to achieve compliance with auditing requirements as part of reporting infrastructure; and what type and quality of legal infrastructure and regulatory regime, including oversight mechanisms, were required.
This pillar was not considered for measurement, because the questionnaire is intended to evaluate the current status of the country, whereas this pillar deals with the strategy and action plan tobe carried out at national level in order to improve the corporate reporting infrastructure.
Additionally, the Group of Experts requested UNCTAD to conduct furtherstudies on the human resources-related dimensions of the corporate reporting infrastructure and present its outcomes for consideration at its thirtieth session.
In addition to the International Accounting and Assurance Standards Board(IAASB), other standard-setting committees within IFAC, such as the Education and Ethics Committees, provide guidance that contributes to successful implementation of IFRSand other elements of the international financial reporting infrastructure.
However, the effective adoption of such standards and codes remains a challenge for many developing countries and economies in transition,as they lack some critical elements of corporate reporting infrastructure- from weaknesses in their legal and regulatory frameworks, to a lack of human capacity and relevant institutional arrangements.
In respect of agenda item 3, which was entitled" Review of practical implementation issues of International Financial Reporting Standards", she indicated that the UNCTAD secretariat had organized a conference on theimplications of the financial crisis for the international financial reporting infrastructure and financial stability.
ISAR may also wish to review other relevant issues with respect to the practical implementation of IFRS that pertain, for instance,to specific elements of the global financial reporting infrastructure such as global efforts towards consistent enforcement of IFRS with a view to facilitating the sharing of experiences and best practices among UN member States.
It also encouraged regional professional bodies (such as the Pan African Federation of Accountants, the Fédération Internationale des Experts-comptables Francophone and other regional organizations) to consider using the ADT at a regional level for peer learning from countries that applied the ADT, for raising awareness on international requirements and good practices in the area of corporate reporting, and on key elements of national reporting infrastructure that need to be built or strengthened in the country to meet such requirements.
The Group of Experts underscored the highly interrelated nature of the regulatory,institutional and technical competencies aspects of the corporate reporting infrastructure; highlighted the importance of an integrated approach towards strengthening the foundations for high-quality corporate reporting; and emphasized the need for concerted efforts at the national and international levels towards consistent implementation and enforcement of global corporate reporting standards and codes.
The Intergovernmental Working Group of Experts on International Accounting and Reporting Standards(ISAR) at UNCTAD has been providing a suitable forum formember States to deliberate and develop consensus on strengthening their corporate reporting infrastructure, including through capacity building through technical cooperation projects.
She highlighted key aspects of the ADT, indicating that it was a quantitative benchmark of a country ' s position and progress at a point intime, a country-driven guided self-assessment for strengthening a country ' s reporting infrastructure, and was a guidance towards a consensus-based action plan conducive to capacity-building activities.
The Head of the Enterprise Branch, Division on Investment and Enterprise, in her introductory remarks provided an introduction to the topic, including its definition, a list of key guidance points and actors in this area, and commented that the findings ofthe ADT- recent ISAR guidance on assessing a country ' s reporting infrastructure- had reflected the need for further efforts on building efficient national mechanisms for MC & E for companies, auditors and professional accountants.