Adoption of International Accounting Practices, Principles, and Procedures

Status 
Inactive
Region 
Asia
Description 
Through this alliance, promotion of financial transparency, accountability, and professionalism will be achieved with the adoption and implementation of international accounting practices, principles, and standards in Central Asia, Ukraine, Moldova, and Russia. IASCF has granted permission for its logo to be used on certified accounting practitioner certificates. An independent appraisal on the value of the logo determined that its use amounts to an in-kind contribution of $9.2 million. CBSD will administer accounting examinations and provide office facilities to the project at an estimated cost of $4 million. Certified General Accounts of Canada will provide examination expertise to the certification program and international credibility. The value of this assistance has not yet been determined, as this partner was recently identified for participation in the alliance. EandE's GDA Incentive Fund is contributing $1,400,000 toward this GDA, in addition to USAID/CAR contributions of $134,000 and USAID/Ukraine contributions of $800,000. USAID assistance also supports technical assistance for related activities.
Total Lifetime Investment 
$ 11,538,000.00
USG Investment 
$ 2,334,000.00
Non-USG Investment 
$ 9,204,000.00
Start Year 
2003
End Year 
2006