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Message: [QUOTE="Munyaradzi Mafaro, post: 73688, member: 636"] Tanzania's getting major props for being one of the first African countries to actually use these international accounting standards called IPSAS. Some advisor from Zimbabwe named Amon Dhlimayo was hyping them up at this big accountants meeting in Ghana with like 2,000 people from 55 countries. He basically said Tanzania led the whole continent on this, and other countries need to catch up because it makes government money way more transparent. The Tanzanian Accountant General Leonard Mkude said switching to IPSAS has been huge for them since everything's out in the open and Parliament gets to debate the finances. The system helps them track assets and debt better while making sure regular people can see where public funds are going. [/QUOTE]