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PCB Urges Standardised Criteria in Maintaining, Disclosing SOE Financial Information
The Privatization and Corporatization Board (PCB) has decided that all state owned enterprises will maintain financial policies and procedures meeting standardised criteria, following a review that found some SOEs lacked proper financial policies. In a circular issued on Monday, the PCB said it would work with SOE financial department heads to harmonise those policies.
Sources1carried itMR1 of 19 news outlets we monitor
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Who said what
the reports' own quoted words, each once
There should be policies, including guidelines for the recording, reporting, valuation of financial transactions and disclosure with financial statements