Summary of Recommendations

1
Summary of Recommendations

• Russell Guthrie Director, IFAC Quality
  Assurance and Member Relations

2
Recommendations

• Needs of SMEs and SMPs
• Access and understandability of standards,
  particularly accounting
• Translation
• Implementation guidance

3
Recommendations

• Corruption and Ethics
• Need behavioral and structural change
• Ethics education at all levels
• Profession should lead by example and promote
  anti-corruption laws and regulations

4
Recommendations

• Education
• Adopt regional approach
• Share curricula and expertise
• Engage relevant stakeholders to effect change
• Institutional capacity and resources absolutely
  vital to address issues

5
Recommendations

• National Accountancy Bodies
• Must have strong government support
• Need to focus on private and public sector
• Importance of accounting technician development
• Developing a plan for 16 countries not
  represented at this Workshop
• Donor and established professional body
  assistance required

6
Recommendations

• Corporate Governance
• Profession should promote the benefits to leaders
  of African society
• Consistency of corporate governance and company
  law
• Training

7
Recommendations

• Public Sector Accounting and Auditing
• Strong legal framework for financial management
• Education and training resources
• Development of monitoring and evaluations systems

8
Availability of Workshop Presentations and Output

• Available on www.ifac.org/arlw website in coming
  weeks
• Speeches
• Presentations
• Breakout session findings

9
Workshop Evaluations

• Please complete the evaluation form in your
  Workshop bag so that we can improve any future
  events!