Financial Reporting and Auditing in Sovereign Operations

<p>This technical guidance note lays out the requirements for presenting auditing submitting and publicly disclosing financial reports for sovereign operations financed by ADB in Asia and the Pacific region.</p><p><br></p><p>It highlights why robust financial reporting auditing management and monitoring of sovereign operations funded or administered by ADB is essential to ensure they comply with its mandate.</p><p><br></p><p>Stressing the importance of strong borrower governance it emphasizes how timely reporting and auditing contributes to ADB's broader objectives of poverty reduction inclusive growth environmental sustainability and regional integration. </p>