ACCOUNTING REFORMS UNDER CONSIDERATION IN EGYPT AS POLITICAL STABILITY SOLIDIFIES
January 8th, 2015
WITH the dust settling in post-revolutionary Egypt, economic reforms are on the agenda as the country seeks more foreign investment to get back on its feet. Improving auditing and accounting standards is on the to-do list, to bolster capital inflows and the domestic economy.Egypt has been on a veritable roller-coaster ride since the uprising that ousted long-term President Hosni Mubarak in January 2011. The Muslim Brotherhood (MB) came to power following elections in 2012, bringing with it a period of uncertainty, and in July 2013, President Mohamed Morsi was put ...
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