Arab Republic of Egypt
Monday, 19 October 2026
Media & Publishing

Media Center

News, Press Releases, and Visual and Audio Materials from The Ministry of Finance

Press Release

An agreement between the CAA and the Ministry of Finance, imposing the Economic Authorities to apply accounting standards without exception


-

News Date: 10/3/2007 4:49 AM  An agreement between the CAA and the Ministry of Finance, imposing the Economic Authorities to apply accounting standards without exception 

Minister of Finance Dr. Youssef Ghali has announced that an agreement has been reached with head of the Central Statistics Agency Councilor Gawdat al Malt to succumb all government and general authorities to the same criteria of accounting and which are in accordance with international and acknowledged standards.  The announcement came in a meeting that brought the officials together where both called for the obliteration of the extraordinary exception given to economic authorities to be exempted from international criteria.

Minister Ghali reiterated that the Central Statistics is the prime source in the preparation of the financial list which does not exclude any authority while offering a grace period to economic authorities that need to sort its files out.

(source : Ministry of Finance)

 

 

 

 

Browse alsoHead of the Tax Authority: new exemptions for micro projects from taxation
Next article

Need Help?

Our team is ready to assist you with all your financial and administrative inquiries

FAQContact Us
An agreement between the CAA and the Ministry of Finance, imposing the Economic Authorities to apply accounting standards without exception