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Accountants, Comptrollers Trained in IPSAS Financial Reporting

first_imgAccountant General Jang Kowo, along with accountants and comptrollers from GOL spending entities across the countryThe Government of Liberia through the Office of the Comptroller and Accountant General of the Republic of Liberia, with support from the African Development Bank (AFDB), has conducted a three-day workshop aimed at improving the preparation of the International Public Sector Accounting Standards (IPSAS) compliant financial reporting for all spending entities.In Grand Bassa County, 67 participants including Comptrollers and Accountants from across spending entities were given the opportunity to learn and have hands-on training in the preparation of International Public Sector Accounting Standards (IPSAS) financial reports from July 13 thru 15, under the theme “Enhancing Transparency Through financial reporting.”Additionally, the purpose of the three-day workshop was to prescribe and guide the accounting treatment for all of government’s financial transactions in consonance with IPSAS.The Comptroller and Accountant General of Liberia, Janga A. Kowo, said that the training was meant to sharpen the skills of accountants and comptrollers across spending entities on the IPSAS reporting system.“As comptrollers and accountants,” he added, “we have noticed over the years that there have been series of challenges in putting together financial reports for the government, [hence] the need for us to make sure to capture all issues and concepts of the IPSAS reporting system that will enhance timely reporting of government transactions requisite capacity.”Kowo said the training was necessary, given his office’s responsibility to ensure that all ministries and agencies of government are in compliance as relates standardized reporting in conformity with IPSAS and resolving or mitigating the existing concerns raised by the General Auditing Commission (GAC) and the Internal Monetary Fund Mission (IMF).He further said that it was expected that at the end of the workshop, comptrollers and financial officers would have understood what IPSAS is and why it was was adopted by the Government of Liberia, as well as to enable them to adequately compile and analyze quarterly and annual financial data of their respective entities. Participants were also expected to be able to prepare IPSAS compliant financial statements, understand the legal implications for not preparing and submitting quarterly and annual financial statements as required by the Public Financial Management (PFM) Act and its accompanied regulations; and lastly use the knowledge acquired to build the capacities of other staff within their entities.Deputy Auditor General of the General Auditing Commission (GAC), Winsley S. Nanka, lauded the MFDP, specifically the Comptroller and Accountant General’s Office, for such initiative and urged comptrollers and accountants from across spending entities to utilize the three days hands-on training.“For us to do financial reporting in the right way, it is very important for us to pay attention and ask questions that are necessary because at the end of the three days we will go back with the new knowledge that will change our reporting system,” he told the trainees, encouraging them.It can be recalled that the Government of Liberia began to implement a wide range of Public Financial Management Reforms in 2006 with the aim of improving the effectiveness of the budget process through better preparation, execution, reporting, and auditing.A key component of that reform agenda was the adoption of the International Public Sector Accounting Standards (IPSAS) to prescribe and guide the accounting treatment of all government financial transactions.The three-day workshop was attended by comptrollers and accountants from Liberia Airport Authority, Ministry of Education, Ministry of Labor, Center for National Documents Records and Archives, National Commission on Higher Education, Ministry of Agriculture and Ministry of Public Works, among others.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

CPJ’s #WhereIsAzory Campaign Highlights Missing Tanzanian Journalist

first_imgTanzanian freelance journalist, Azory Gwanda, was last seen by his family and friends on November 21, 2017.The Committee to Protect Journalists (CPJ) on Monday, April 8 launched the #WhereIsAzory campaign to bring attention to the case of a Tanzanian freelance journalist Azory Gwanda, as Friday, April 5, 2019, marks 500 days since he was last seen.The campaign intends to raise awareness about Gwanda, and will call on Tanzanian authorities to carry out a credible investigation and publicly account for his fate. Supporters can participate by sharing the hashtags #WhereIsAzory and #MrudisheniAzory on social media.“Azory Gwanda is a freelance journalist reporting about his community, and he must not become just another statistic,” said Angela Quintal, CPJ’s Africa program coordinator.“Through this campaign, we want to ensure that Gwanda’s case becomes a priority for the Tanzanian authorities, and that we get much-needed answers about what really happened to him. Until that time, Tanzanian journalists will not feel safe,” Quintal said in a statement posted on CPJ’s website.Gwanda was last seen by his family and friends on November 21, 2017, according to CPJ research. He told his wife, Anna Pinoni, that he was taking an emergency trip, and would return the next day, but since then, his whereabout has remained unknown.In an interview with Mwananchi newspaper, Pinoni said she thought her husband’s disappearance might be linked to his work reporting on a series of mysterious killings in Tanzania’s Coast region, a view shared by others with whom CPJ has spoken.In Tanzania, journalists and media outlets are wary of retaliation if they are too vocal about Gwanda’s case. When two CPJ representatives were detained overnight and interrogated in Tanzania last year, they were specifically asked about their interest in Gwanda. His disappearance comes amid declining press freedom in the country, including government-ordered media shutdowns, fines, restrictive regulations, and arbitrary arrests of journalists.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Digital cable subscribers in Romania more than dou

first_imgDigital cable subscribers in Romania more than doubled in 2011, taking digital cable penetration to 25% of all cable homes by the end of the year, according to a survey by regulator ANCOM.Overall cable numbers grew by 7% over the course of the year, while DTH numbers fell by 5%, with a slight recovery in the second half of the year.ANCOM said there were 2.79 million cable subscribers in urban areas at the end of 2011, while cable subs in rural areas numbered 0.78 million. IPTV numbers fell by a striking 21% in the last quarter of the year to total about 30,000 subscribers, according to ANCOM. DTH subscribers numbered 2.26 million at the end of the year.last_img