Disclaimer Accountancy, Integrity & Financial Management: Capability Statement IBTCI's Accountancy, Integrity & Financial Management Practice provides a broad range of technical transition and reform services for the public sector, private enterprises, academia, and self-regulatory organizations in developing countries and transition economies. Our expert services are provided under three broad areas: Accountancy (Accounting and Audit), Integrity Functions, and Financial Management. Accountancy (Accounting and Audit): IBTCI's services under this sub-practice are provided to governments for both policy development and for the institutionalization of accounting standards according to international practice. In Central Asia and Eastern Europe, IBTCI has been at the forefront in the region's development and adoption of globally accepted professional practices, including in the following thematic areas: International Accounting Standards (IAS); International Standards on Auditing (ISA); Internal Control Environment and Systems (Public and Private Sector); International Public Sector Accounting Standards (IPSAS); INTOSAI Public Sector Auditing Standards; and Government Finance Statistics (GFS). We have developed a robust model for a comprehensive program of accounting and audit reform, effective professional certification regimes, and professional training programs. IBTCI advises on the development of university accountancy and financial management curricula. IBTCI is expert in enterprise accounting reform where we assist in the generation and reporting of best-practice financial and managerial information to promote greater investor confidence in business resulting in increased domestic and foreign investment. Integrity Functions: IBTCI believes that the key ingredients for good corporate governance and low levels of corruption are the establishment of: effective internal controls, operational and financial accountability, transparency and reporting, adequate supervision and external oversight, appropriate independent audit, and dependable enforcement. IBTCI provides advice in assessing existing systems and in developing the necessary framework to improve internal and external financial reporting and financial oversight. We also bring expertise in performance assessment, anti-corruption measures, and professional ethics. IBTCI consultants provide the expertise and experience to ensure that the procedural building blocks for good corporate governance and low levels of corruption are adopted and implemented in client and beneficiary organizations. Financial Management: IBTCI assists developing country and transition economy public and private sector organizations to improve budgetary, fiscal, and expenditure/cost control processes. We help finance ministries and economic ministries to develop the regulatory framework and internal processes for more effective financial management and oversight. IBTCI helps government clients to achieve greater expenditure accountability by strengthening expenditure policies and processes and by training professional personnel for more effective public resource management. IBTCI provides training coordinated with practical expert advice to assist enterprises, and their local advisors, in implementing best practice financial and managerial information systems. This promotes effective, efficient, and competitive business operations. IBTCI consultants have been instrumental in creating the informational and managerial control infrastructure essential for organizations to ensure that: resources are adequately protected; resources are acquired economically and used efficiently and effectively; and the organization's plans, goals, and objectives are achieved.