ISAR and its secretariat contribute to capacity building in corporate reporting through action-oriented publications and technical cooperation projects.
UNCTAD seeks to improve financial inclusion and financial literacy in developing economies, and as such has established a project on accounting standards and insurance coverage for small and medium enterprises (SMEs). This project provides technical assistance to policymakers and SMEs in developing countries in the design and implementation of accounting, reporting and insurance policies. Starting in January 2015 and expected to conclude in December 2017, the project’s beneficiary countries are Cameroon, the Dominican Republic, Ecuador, El Salvador, the Gambia and Tanzania. Regional partners include the United Nations Economic Commission for Africa, the African Union, the Group of Latin American Accounting Standard Setters, the Association of Latin American Insurance Regulators, and EAFIT University.
On 28-29 November 2016, UNCTAD organized a workshop with accounting and insurance stakeholders from Latin America, comprising participants from government, international agencies, professional organizations and the private sector. Additional information about the meeting can be found here.
Regional Workshop in Africa: Best practices and guidelines on accounting and insurance coverage for SMEs aiming at facilitating their access to financial services, Addis Abeba (Ethiopia).
Professional qualification requirements for accountants
One objective of ISAR is to strengthen the accountancy profession worldwide in order to create a global profession capable of offering its services across borders. As such, ISAR sought to develop a benchmark for the qualification of professional accountants that would establish a point of reference for national qualifications and help holders of those qualifications to function in a global economy. A model curriculum of the Guideline on National Requirements for the Qualification of Professional Accountants was first adopted in February 1999. A revised version was submitted and adopted at ISAR 20.