BICA helps gov�t improve accounting standards

Friday, August 11, 2017

The Ministry of Finance and Economic Development (MFED) has signed a Memorandum of Understanding (MoU) with the Botswana Institute of Chartered Accountants (BICA) to facilitate the institute to help government improve accounting standards.

Through the MoU, BICA will assist the accountant general migrate from cash accounting to International Public Sector Accounting Standards (IPSAS).

The transition to IPSAS by government is scheduled to start in the 2019/2020 financial year. There are currently 40 IPSAS standards to be implemented and the ministry will be relying more on BICA members to assist.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

The Metropolitan Chess Championship got underway at the President Hotel on Thursday. PIC: MORERI SEJAKGOMO

Stage set for Metropolitan chess championship

Calistus Kolantsho | 6 h ago

Coal output drops

Mbongeni Mguni | 7 h ago

Soldier faces charge for cop's murder

Larona Makhaiza | 9 h ago

Batswana join global search for HIV cure

Mbongeni Mguni | 12 Apr 2024

Win propels Galaxy five points clear

Larona Makhaiza | 1d ago

Mobile money reaches P26bn

Mbongeni Mguni | 1d ago

BAC forges path in Data Intelligence

Phatsimo Kapeng | 1d ago

ODC gives BNOC P500,000 for Olympics

Calistus Kolantsho | 1d ago

Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

The Monitor Editor | 15 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More