This report provides an assessment of accounting and auditing practices within the corporate sector in Lao PDR with
reference to the International Financial Reporting Standards (IFRS) issued by the International Accounting Standards
Board (IASB), and the International Standards on Auditing (ISA) issued by the International Federation of
Accountants (IFAC). This assessment is positioned within
the broader context of the Lao PDR’s institutional
framework and capacity needed to ensure the quality of corporate financial reporting