Accounting Reform in Transition and Developing Economies

Much has been written about the economic and political problems of countries that are in the process of changing from centrally planned systems to market systems. Most studies have focused on the economic, legal, political and sociological problems these economies have had to face during the transition period. However, not much has been written about the dramatic changes that have to be made to the accounting and financial system of a transition economy. This book was written to help fill that gap. Accounting Reform in Transition and Developing Economies is the fourth in a series to examine accounting and financial system reform in transition and developing economies. The first book used Russia as a case study. The second volume examined some additional aspects of the reform in Russia and also looked at the accounting and financial system reform efforts that are being made in Ukraine, Bosnia and Herzegovina, Armenia, Eastern Europe and Central Asia. The third volume examined taxation and public finance in transition and developing economies. The present volume examines accounting reform in these economies. It is divided into five parts. Part 1 consists of 14 studies that examine various aspects of accounting reform in different countries. Part 2 includes 10 chapters on how accounting education has been reformed in some former Soviet republics and countries in Central and Eastern Europe. Part 3 examines recent developments in accounting certification in Central Asia, the former Soviet Union and Central and Eastern Europe. Part 4 includes three studies on corporate governance. Part 5 examines the views on tax evasion in ten transition economies.