Accounting for growth in Latin America and the Caribbean : improving corporate financial reporting to support regional economic development / Henri Fortin, Ana Cristina Hirata Barros, Kit Cutler
Foreword; Preface; Acknowledgments; About the Authors; Abbreviations; Overview; Figures; Chapter 1 Introduction and Background; Tables; Boxes; Chapter 2 National Corporate Financial Reporting Frameworks; Chapter 3 Preserving the Good Name of the Accounting Profession; Chapter 4 The Role of Education Systems; Chapter 5 Adoption of International Accounting and Auditing Standards; Chapter 6 Ensuring Compliance with Accounting and Auditing Standards; Chapter 7 A Roadmap for Reform; Appendixes; References and Other Resources; Glossary; Index
Summary
The importance of moving toward high-quality, global standards of accounting and auditing has never been clearer. In the midst of the global financial and economic crisis, the leaders of the Group of 20 met and issued their "Declaration on Strengthening the Financial System," placing significant emphasis on sound accounting and auditing standards as a critical piece of the international financial architecture. Transparent and reliable corporate financial reporting underpins much of the Latin America and Caribbean development agenda, from private-sector-led growth to enhanced financial
