Tuesday, January 31, 2006

Accounting Springs to Life in Iraq

The U.S. Agency for International Development recently provided a seven-week intensive training program in international accounting standards to 558 Iraqi accountants with an exam on worldwide accounting standards at the end. The goal was to show sufficient improvement in the accounting infrastructure to allow Iraq to participate in the World Trade Organization. Additionally, the Journal of the College of Administration and Economy, a journal which sounds to be academic in nature (perhaps similar to the Accounting Review) will resume publication with an emphasis on functions of a market economy, tests of accounting theories, statistical analysis of financial issues and research on decision-making.


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