CAIConsulting in Kyrgyzstan
98-6, Toktogula Str., 3rd floor
720040 Bishkek, The Kyrgyz Republic
Тел.: +996 312 62 36 96
Тел.: +996 312 66 46 87
01.03.2001 - 28.02.2002
Kyrgyzstan
| Overall project value (EUR) | 25 000 USD |
| No. of staff provided | 6 |
| Name of Client | Checchi: |
| Financing agency | Asian Development Bank (ADB) |
| Name of partners | |
| Detailed Narrative Description of Project | The technical assistance (TA) was in two parts to facilitate easier and effective implementation of the respective components of the Second Phase of the Corporate Governance and Enterprise Reform Program (CGERP-II). Part 1 dealt with corporate and financial governance reforms and part 2 dealt with legal and judicial sector reforms.
The TA covered enterprise as well as financial sectors. The consultants ensured that the tasks outlined in the components below were accomplished during the TA: (i) Evaluating corporate governance standards in the banking sector. (ii) Strengthening enforcement of the existing legal framework for corporate governance and bankruptcy procedures in real and financial sectors. (iii) Diagnostic review of the earlier reforms to enhance enterprise sector efficiency. (iv) Pre- and post-privatization restructuring initiatives in the enterprise sector. (v) Policy, legal and regulatory reforms to strengthen accounting and auditing standards in public and private sectors. This component will (i) evaluate the existing accounting and auditing framework, and formulate relevant policy, institutional and legal measures to strengthen the norms; (ii) support the setting up of the proposed National Accounting Standards Board and in drafting its operational and implementation guidelines; (iii) evaluate the need for separate laws on professional accounting associations; and (iv) formulate measures to streamline the licensing process for accountants and auditors, and professional accounting associations. (vi) Poverty and social impact analysis. (vii) Judicial Capacity Building. (viii) Structural Adjustment Costs. |
| Detailed Narrative Description of Services provided | - Evaluated Corporate Governance Standards in the banking sector;
- Conducted diagnostic review of the earlier reforms to enhance enterprise sector efficiency; - Initialized pre- and post-privatization restructuring in the enterprise sector; - Evaluated the existing accounting and auditing framework and formulated relevant policy; - Supported the setting up of the proposed National Accounting Standards Board and drafting its operational and implementation guidelines; - Undertook poverty and social impact analysis |
CAIConsulting in Kyrgyzstan
98-6, Toktogula Str., 3rd floor
720040 Bishkek, The Kyrgyz Republic
Тел.: +996 312 62 36 96
Тел.: +996 312 66 46 87