The Cabinet approved a five-year strategy for the reform of corporate reporting and auditing

Сергей Мацера Politics
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The Cabinet of Ministers of the Kyrgyz Republic has approved a strategy covering the period from 2026 to 2030 regarding the reform of corporate financial reporting and auditing. This document is aimed at improving the quality of financial reports, enhancing the reliability of data, and expanding access to transparent information for both businesses and government institutions.

The strategy includes four main components: a general development scheme for the sector, a set of activities for implementing changes, a matrix of indicators for assessing progress made, and a calculation of necessary resources. All these elements are outlined in the appendices to the resolution.

Government institutions involved in the implementation of the strategy are required to ensure the complete and timely execution of the planned activities. They are also obliged to provide quarterly updates on the progress of the plan to the Ministry of Economy and Commerce, which will monitor and prepare consolidated reports for the President's administration.

The resolution will come into effect in a week.
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