PROFESSIONAL ACCOUNTANTS STAND TO GAIN IN MALDIVES

BY POORNA RODRIGO The Maldives is streamlining its budding accounting sector, opening up opportunities to local and foreign accountants. A new bill to set up a legal body to regulate the accounting sector is due to be submitted to parliament soon. The Auditor General's Office is negotiating with the World Bank on gaining financial aid to improve accounting skills. As shortage of accountants means the country's first set of financial statements on public bodies were published only in 2009, and many ministries, agencies, and commissions have yet to change from ...


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