UNCTAD works with a number of partners to implement technical cooperation projects in developing countries and countries with economies in transition. Below is a list of technical cooperation projects in the area of accounting and corporate transparency. Organisations wishing to partner with UNCTAD to implement a technical cooperation project on a subject of corporate transparency, are welcome to contact us at isar@unctad.org; potential partners are encouraged to read A Guide to UNCTAD Technical Cooperation.
Enabling policy frameworks for enterprise sustainability and SDG reporting in Africa and Latin America
This United Nations Development Account 11th Tranche project intends to strengthen the capacities of Governments to measure and monitor the private sector contribution to the 2030 Agenda for Sustainable Development, in particular on target 12.6 Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle.
Commonwealth of Independent States of the Former Soviet Union
With USAID funding, UNCTAD is implementing a professional accountant education curriculum development project in support of the CIPA Global Development Alliance. This is based on the Model Accounting Curriculum developed by ISAR. The project consists of adapting the training materials of six courses developed by the Association of Certified General Accountants of Canada (CGA) to the conditions of the Commonwealth of Independent States of the Former Soviet Union (CIS), and translating the materials from English into Russian. The six CGA courses are: Financial Accounting 2 & 3, Management Accounting 1 & 2, Finance, and Audit. The adaptation and translation is being done by teams of academics and experts from Russia and Ukraine. The adaptation of the CGA materials is being undertaken in cooperation with the Expert Review Committee comprised of leading international and CIS accounting academics and experts.
Upon completion of this project, the CIPA programme will have an updated, integrated set of training materials based on International Financial Reporting Standards and International Auditing Standards. The CIPA programme is a Russian language programme of training, examination, and certification of professional accountants which allows individuals in the CIS to be recognized for their knowledge, skills, and abilities as accounting practitioners and professional accountants based on international accounting and auditing standards.
Russian Federation
UNCTAD was a member of a consortium executing an EU Tacis funded accounting policy reform project in the Russian Federation. The project was designed to help the Russian Federation develop and introduce national standards for accounting and reporting in accordance with International Accounting Standards (IAS).
As a result of the project, 10 core draft standards/discussion papers were developed, accompanied by training materials and implementation guidance. A training course was delivered to leading Russian experts, including Russian government officials in charge of accounting reform in Russia; a group of experts from leading Russian enterprises was created to discuss the implementation issues. UNCTAD has also provided a policy paper with recommendations on accounting by SMEs in the Russian Federation.
Azerbaijan
UNCTAD executed a project funded by UNDP and EU Tacis in Azerbaijan to strengthen the Azerbaijani Audit Chamber. During the course of the project, training materials were developed in Russian and Azeri, 504 auditors and 80 insolvency practitioners were trained, and various departments of the Chamber received technical advice to enable them to better carry out their functions.
Uzbekistan
In 1996, UNCTAD completed a joint project, funded by UNDP and EU Tacis, in Uzbekistan on accounting reform and retraining. The project resulted in new accounting and auditing laws as well as accompanying regulation and instructions for implementation. A total of 5,000 finance directors and chief accountants were trained in implementation of the new legislation based on training materials produced by UNCTAD.