Transcript Document

Progress of the Financial Reporting
Technical Assistance Project
ANNUAL MEETING
SWISS-LATVIAN COOPERATION PROGRAMME
April 2014 – March 2015
Riga, 25 March 2015
Activities implemented during the reporting period
Enhancing institutional capacity to implement IFRS
Training on IFRS Comprehensive (May, 12 d, Riga)
30 (SRS, FCMC, T, LASA, MOF)
2*Training on IFRS Foundation (Aug; Sep, 10 d, Riga)
60 (SRS, FCMC, T, LSAO, MOF)
Training on IFRS Comprehensive for trainers (Oct, 12 d, Riga)
30 (LASA, LAA, LAAO)
IFRS workshop (June, 2 d, Vienna)
4 (SRS, FCMC)
IFRS conference (Dec, 1 d, Warsaw)
2 (MOF)
Enhancing institutional capacity to implement ISA
2*Public Oversight/Quality Assurance study visits (Oct, UK; Dec, GER)
2 (MOF)
2*Training on ISA updates (Sep, 1 d, Riga)
120 (LASA, LSAO, MOF)
Seminar on public sector auditing (Oct, 2 d, Riga)
90 (LASA, LSAO, MOF,..)
Report «Oversight and Quality Assurance in Latvia: Observations» (Dec)
Enhancing the relationship between tax and accounting
PwC`s presentation - Study report on relationship between Tax and
Financial Reporting (June, 1 d, Riga)
SRS, FCMC, MOF, WB
ROSC Accounting & Auditing report
WB team ROSC mission (May, 5 d, Riga)
ROSC draft report (Dec)
2015.07.20.
MOF, MOE, SRS, FCMC, ER,
LASA, ACBL, LAA, LAAO, AAC,..
2
Planned main activities (LASA, MOF)
Enhancing institutional capacity to implement ISA
IT System for Auditing (LASA)
IT System for the Oversight of Sworn
Auditors (MOF)
Procurement until
Delivered until
Preparation of
technical specification
Mar 2015
Apr 2015
Development
Apr 2015
Sep 2015
Preparation of
technical specification
Apr 2015
Jul 2015
Development
Aug 2015
Jun 2016
IFRS and ISAs translation project
Revision of the Latvian translation of Development
all endorsed IAS/IFRS (MOF)
2015.07.20.
Apr 2015
Sep 2015
3
Planned main activities (WB)
Enhancing the relationship between tax and accounting
Study report on relationship between Tax and Financial Reporting (Apr 2015)
Study report on Tax Reporting Rules (Apr 2015)
Training for tax inspectors on financial interpretations
Study trip to Austria
Seminar on risk based tax assessment (study trip to the Netherlands)
Conference on tax and accounting
ROSC Accounting & Auditing report
ROSC report (Apr 2015)
2015.07.20.
4
Thank you for attention!
Ministry of Finance of the Republic of Latvia
1 Smilšu Str.
Riga, LV – 1919
Phone.: +371 67095544
E-mail: [email protected]