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{
    "id": 560107,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/560107/?format=api",
    "text_counter": 508,
    "type": "speech",
    "speaker_name": "Hon. Keynan",
    "speaker_title": "",
    "speaker": {
        "id": 41,
        "legal_name": "Adan Wehliye Keynan",
        "slug": "adan-keynan"
    },
    "content": "Hon. Temporary Deputy Speaker, the other thing that we have also realised is the non- compliance with international accounting standards. Kenya is not a pariah neither is it a failed State nor a banana republic. There are rules and international practices. On the face of it, we realized that accountants are not only trained to handle the Kenyan scenario but they are also trained on internationally acceptable financial practices. I am not an Accountant, but from my basic understanding of accounts, it is just like Mathematics. The formula applied in a mathematical theory, whether you are in Kenya, the United Kingdom or the United States of America still remains the same, but you can apply shortcuts. We have also realised that some of these organizations have completely deviated from applying some of these internationally accepted financial standards. We feel that this is an abuse of the process. Therefore, the Auditor-General has flagged this and we hope that this issue is brought to an end."
}