The Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting,
Recalling the mandate of UNCTAD in the Nairobi Maafikiano requesting UNCTAD to promote best practices in corporate transparency and accounting, including through the use of the Accounting Development Tool,
Acknowledging the relevance and effectiveness of the Accounting Development Tool as a key capacity-building initiative to assess national accounting infrastructures and strengthen the enterprise-reporting environment at the country level,
Welcoming the efforts of the UNCTAD secretariat in updating the Accounting Development Tool based on feedback from member States, as well as good practices in the areas of sustainability reporting and the Sustainable Development Goals, and accounting for microenterprises and small and medium-sized enterprises,
- 1. Requests the UNCTAD secretariat to continue its efforts on the implementation of the Accounting Development Tool in interested countries with a view to assisting them in strengthening their regulatory, institutional and human capacity in an integrated and comprehensive manner, with a view to achieving high-quality reporting by enterprises;
- Encourages the UNCTAD secretariat to continue its fundraising efforts to extend the implementation of the Accounting Development Tool to additional countries, and to further raise awareness of the role of reporting in sustainable and inclusive growth.
