{"id":87173,"date":"2025-10-02T18:14:06","date_gmt":"2025-10-02T18:14:06","guid":{"rendered":"https:\/\/www.africa-press.net\/gambia\/uncategorized\/frob-launches-new-financial-reporting-rules"},"modified":"2025-10-02T18:30:26","modified_gmt":"2025-10-02T18:30:26","slug":"frob-launches-new-financial-reporting-rules","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules","title":{"rendered":"FROB Launches New Financial Reporting Rules"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Gambia. <\/strong><\/span><b>The Financial Reporting Oversight Board (FROB) on Thursday announced the issuance of new public interest entity and audit rules, describing the move as a \u201cdefining moment\u201d in an effort to strengthen financial reporting, accountability, and governance in The Gambia.<\/b><\/p>\n<p>The event held at Ocean Bay, brought together senior representatives from the Ministry of Finance and Economic Affairs, the Central Bank of the Gambia, and the Gambia Revenue Authority, institutions whose support FROB described as \u201ccritical\u201d to achieving the country\u2019s financial oversight goals.<\/p>\n<p>Speaking at the event, Suleiman Fode Drame, CEO at FROB emphasised that the rules\u2014mandated under the Financial Reporting Act of 2013\u2014represent more than just a legal obligation.<\/p>\n<p>He underscored that the framework is a shared ambition to build trust in financial reporting, safeguard market integrity, and support sustainable economic growth.<\/p>\n<p>\u201cThese rules touch on the core pillars of our profession \u2013 transparency, professionalism, and independence. From the certification of financial statements by qualified professionals to the enforcement of ethical standards and quality assurance frameworks, each provision is designed to protect the public interest,\u201d Mr Drame noted.<\/p>\n<p>He added that compliance with the new rules must go hand-in-hand with collaboration, dialogue, and continued support to regulated entities.<\/p>\n<p>\u201cThis is not just a regulatory milestone. It is a national responsibility,\u201d he added, noting that credible financial reports benefit investors, businesses, regulators, and ordinary citizens.<\/p>\n<p>The Board pledged to monitor and enforce the rules where necessary while also fostering partnerships to make compliance a shared standard of excellence rather than a burden.<\/p>\n<p>FROB\u2019s is mandated to foster public confidence in the accounting profession, improve governance standards, and oversee the quality of audit and assurance engagements.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Gambia<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Gambia. The Financial Reporting Oversight Board (FROB) on Thursday announced the issuance of new public interest entity and audit rules, describing the move as a \u201cdefining moment\u201d in an effort to strengthen financial reporting, accountability, and governance in The Gambia. The event held at Ocean Bay, brought together senior representatives from the Ministry [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":87172,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[260],"class_list":["post-87173","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-gambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FROB Launches New Financial Reporting Rules - Gambia<\/title>\n<meta name=\"description\" content=\"The Financial Reporting Oversight Board (FROB) on Thursday announced the issuance of new public interest entity and a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FROB Launches New Financial Reporting Rules\" \/>\n<meta property=\"og:description\" content=\"The Financial Reporting Oversight Board (FROB) on Thursday announced the issuance of new public interest entity and a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules\" \/>\n<meta property=\"og:site_name\" content=\"Gambia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-02T18:14:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-02T18:30:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/10\/sm_1759417203.980014.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FROB Launches New Financial Reporting Rules\",\"datePublished\":\"2025-10-02T18:14:06+00:00\",\"dateModified\":\"2025-10-02T18:30:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules\"},\"wordCount\":294,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/gambia\/sites\/19\/2025\/10\/sm_1759417203.980014.jpg\",\"keywords\":[\"Gambia\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules\",\"url\":\"https:\/\/www.africa-press.net\/gambia\/all-news\/frob-launches-new-financial-reporting-rules\",\"name\":\"FROB Launches New Financial Reporting Rules - 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