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IPSASB issued IPSAS 41: Financial Instruments

IPSAS 41, Financial Instruments, establishes new requirements for classifying, recognizing and measuring financial instruments to replace those in IPSAS 29, Financial Instruments: Recognition and Measurement. The new standard has made the classification, recognition and measurement of financial instrument to be more or less in accordance with IFRS 9. IPSAS 41 provides users of financial statements with more [...]

By | August 16th, 2018|news|0 Comments

Press release on corporate governance Implication Privatization workshop

press release Good corporate governance is central to the success of any economy. Whereas Ethiopia registered impressive economic growth over the last decade, it now needs to enhance corporate governance practices to tackle increasing fraudulent activities, boost investor confidence and sustain its growth trajectory. The recent decision by the government of Ethiopia to Private Public [...]

By | August 9th, 2018|news, Press release|0 Comments

Discussion paper: – Financial Instruments with Characteristics of Equity

International Accounting Standards Board (IASB) has published for comment Discussion Paper DP/2018/1 Financial Instruments with Characteristics of Equity on 28 July 2018 The proposed discussion papers refine/clarify to improve the information companies provide in their financial statements about financial instruments they have issued, by: Investigating challenges with the classification of financial instruments applying IAS 32 [...]

By | July 2nd, 2018|news|0 Comments

Notice

The Accounting and Auditing Board of Ethiopia (AABE) has been supporting high public interest entities by giving different awareness creation works, trainings and follow up & supporting for the last 2 years to present their report based on International Financial Reporting Standards (IFRS). These Entities are being finalized to present their report of 2010 budget [...]

By | May 21st, 2018|Press release|0 Comments

Professional Skepticism – Meeting Public Expectations

Over the past few years, there have been continuing calls for the Standard Setting Boards to enhance the way in which existing material in their standards addresses professional skepticism. Noting that there’s disparity in the use of the term professional skepticism, the International Ethics Standards Board for Accountants (IESBA) has sought to articulate the behavior [...]

By | May 21st, 2018|news|0 Comments

AEMFI staff members take TOT

  The Accounting and Auditing Board of Ethiopia (AABE) has offered IFRS training of trainers in Adama for 70 Micro-finance institution accountants who are selected from various regions of the country.The training was aimed at producing professionals who will be a trainer of trainers on International Financial Reporting Standards (IFRS). Having more skilled professionals in [...]

By | August 16th, 2017|news|0 Comments

Micro-finance Institutions take technical IFRS  training

The Accounting and Auditing Board of Ethiopia (AABE) provided International Financial Reporting Standards (IFRSs) technical training for Omo and Sidama Microfinance Institutions from July 24 to August 03, 2017, in Yergalem town. It was reported that 58 participants attended the training.The training fused both theory and practical case study which is planned to help the [...]

By | August 16th, 2017|news|0 Comments

ለከፍተኛ ግብር ከፋዮች በሙሉ

የኢትዮጵያ የሂሳብ አያያዝና ኦዲት ቦርድ የፋይናንስ ሪፖርት አዘገጃጀትና አቀራረብ በአዎጅ ቁጥር 847/2006 አንቀፅ 4 (2)(መ) የሪፖርት አቅራቢ አካላትን የህዝብ ጥቅም ያለባቸው ወይም አነስተኛና መካከለኛ በሚል መለየት የሚያስችል መስፈርቶችን በማውጣት  እነዲመዘግብ ስልጣን የተሰጠው መሆኑ ይታወቃል፡፡ እንዲሁም ደግሞ በአንቀፅ 8 (1) እና 4(2)(ሸ) ማንኛውም ሪፖርት  አቅራቢ አካል ቦርዱ በሚያወጣው የጊዜ ሰሌዳ መሰረት የሂሳብ መግለጫውን ለቦርዱ  ማቅረብ እንዳለበት፤  [...]

By | August 5th, 2017|Press release|0 Comments

ለግብር ከፋዮች በሙሉ

  የኢትዮጵያ የሂሳብ አያያዝና ኦዲት ቦርድ የፋይናንስ ሪፖርት አዘገጃጀትና አቀራረብ በአዎጅ ቁጥር 847/2006 አንቀፅ 4 (2)(መ) የሪፖርት አቅራቢ አካላትን የህዝብ ጥቅም ያለባቸው ወይም አነስተኛና መካከለኛ በሚል መለየት የሚያስችል መስፈርቶችን በማውጣት  እነዲመዘግብ ስልጣን የተሰጠው መሆኑ ይታወቃል፡፡ እንዲሁም ደግሞ በአንቀፅ 8 (1) እና 4(2)(ሸ) ማንኛውም ሪፖርት  አቅራቢ አካል ቦርዱ በሚያወጣው የጊዜ ሰሌዳ መሰረት የሂሳብ መግለጫውን ለቦርዱ  ማቅረብ [...]

By | August 5th, 2017|pulic notice|0 Comments

Third Round Asset Valuation Training of Trainers held

Addis Ababa University (AAU) in collaboration with the Accounting and Auditing Board of Ethiopia (AABE) offered Asset Valuation for financial reporting purpose training of trainers in Addis Ababa University from July 24 to 28, 2017. Speaking at the opening ceremony, Director General of the Board Ato Gashe Yemane recalled that the adoption of IFRS requires [...]

By | August 1st, 2017|news|0 Comments