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Corporate Social Responsibility (CSR) and Sustainability

Public Comment on revised Financial Reporting Standards for MFIs

Event Details

Public Comment on revised Financial Reporting Standards for MFIs

Time: June 30, 2010 to July 18, 2010
Location: http://kdid.org/
Website or Map: http://www.reportingstandards…
Event Type: public, comment
Organized By: Seep Network
Latest Activity: Jun 30, 2010

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Event Description

Call to Action:
Help Shape New Microfinance Financial Performance Reporting Standards

The Financial Services Working Group at the SEEP Network is building consensus on a new set of financial reporting standards for microfinance institutions. These new standards are in response to recent industry trends, including diversified MFI product portfolios and widening stakeholder circles. They are designed to provide better operational data, greater transparency and consistency with current commercial banking standards under the Basel II framework.

A draft of the proposed new microfinance financial reporting standards is ready for your feedback.

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