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Police Fraud Exposed by Myanmar Auditor-General

Mandalay – Myanmar’s Office of the Auditor-General has said that four police brigades, which are under the jurisdiction of the military-controlled Ministry of Home Affairs, misused more than 600 million kyats (about US$400,000) from April to September 2018. The financial report from April to September 2018 was submitted to the Union Parliament on Tuesday by […]

World Bank urges liberalisation of accounting and auditing sector

A New World Bank report has urged the government to finalise the statutory framework of the accounting and auditing sector and relax restrictions on foreign accountants and auditors to practice in the country. The Report on the Observance of Standards and Codes – Accounting and Auditing, released on June 16, noted that Myanmar’s revisions to […]