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The recommendation of IMF Report sketches the general policy to enhance the quality of corporate financial reporting. The Report strongly recommends establishing a multidisciplinary National Steering Committee (NSC) for accounting and auditing reform and advises policymakers, regulators, and other stakeholders regarding the implementation of the recommendations. Based on the successful experience of other countries the Report recommends that the NSC develops a Country Strategy and a detailed Country Action Plan (CAP) to enhance the quality and availability of financial reporting.

IMF RECOMMENDATIONS ON THE OBSERVANCE OF STANDARDS AND CODES OF ACCOUNTING AND AUDITING BASED ON REPORT – REPUBLIC SLOVENIA CASE