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Home > Business and Economics Books > Business and Management > International business > IMF Working Papers: Accounting Challenges for Semi-Autonomous Revenue Agencies (Saras) in Developing Countries
IMF Working Papers: Accounting Challenges for Semi-Autonomous Revenue Agencies (Saras) in Developing Countries

IMF Working Papers: Accounting Challenges for Semi-Autonomous Revenue Agencies (Saras) in Developing Countries


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About the Book

The paper discusses the improvements which a semi-autonomous revenue agency (SARA) must make to its records to meet fiscal and financial accounting obligations. SARAs are legal entities, such as a service or a department, which are required to prepare accrual records that may diverge from a treasury's cash accounting records. Their records reflect revenues generated; budget funds for generating the revenues; and material programs administered for other agencies. The accounting records and financial statements (income statement, balance sheet and cash flow statement) must conform to generally-accepted accounting principles (GAAPs) or standards such as the International Public Sector Accounting Standards (IPSAS) of the International Federation of Accountants (IFAC)-and to the treatment of operating, investment and financing activities in the Government Finance Statistics (GFS) Manual.


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Product Details
  • ISBN-13: 9781451914306
  • Publisher: Not Avail
  • Publisher Imprint: Not Avail
  • Language: English
  • Sub Title: Accounting Challenges for Semi-Autonomous Revenue Agencies (Saras) in Developing Countries
  • ISBN-10: 145191430X
  • Publisher Date: 28 May 2014
  • Binding: Digital (delivered electronically)
  • No of Pages: 28


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