TANZANIA BREAKS GROUND IN AFRICA WITH PUBLIC FINANCE ADVANCES
May 1st, 2017
Tanzania is gearing-up for new international public accounting system as it prepares asset assessment policies for all government ministries, agencies and other organisations to promote consolidated public sector bookkeeping. East Africa’s second largest economy has been working on these reforms having adopted International Public Sector Accounting Standards (IPSAS) from July 1, 2004, both for local and central governments. This has been underpinned by the Tanzania National Board of Accountants and Auditors’ (NBAA) wholesale adoption of International ...
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