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2011 CBI Audit is done... DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

2011 CBI Audit is done...

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2011 CBI Audit is done... Empty 2011 CBI Audit is done...

Post by IQD4US on Wed Aug 29, 2012 3:56 am

http://www.cbi.iq/documents/financial_statement2011_f.pdf

For those of us into finance this is a good read...
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Post by Guest on Wed Aug 29, 2012 3:13 pm

...is it good for the rv Wink

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Post by Kevind53 on Wed Aug 29, 2012 3:25 pm

What parts of it I fully understand look good. Their position is more positive than last year. However this is the audit for the CBI only, not the GOI, so I don't think it will have any significance for the RV. Still I imagine that one can assume that the GOI is in a better financial position as well.

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Post by IQD4US on Wed Aug 29, 2012 7:28 pm

This was the report for the CBI yes..but last years report spoke of inconsistancies and called for stronger measures in transparancy. Basically - Iraq needed to show the world that they could be trusted to join the worldwide.electronic banking network - which they have been working on for the last few years.

Yes CBI made a profit, yes they were accountable, yes yes yes to everything.

As far as the GOI .. seeing as how the Higher level Officials were not Osama and Bin Laden...oops I mean Obama and Biden, I am not sure how long it will take them to get into as much debt as the USA...
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