TAR: MLD 31107ASIAN DEVELOPMENT BANKTECHNICAL ASSISTANCETO THEREPUBLIC OF MALDIVESFORCAPACITY BUILDING FOR THE MALDIVES AUDIT OFFICEFebruary 1997rehabilitation nrocirm tnr th r,r sks k. 4-4J +.- . .:II: ICURRENCY EQUIVALENTS(as of 31 January 1997)Currency Unit - Rutiyaa (RI)Rf 1 .00 $O.0849$1 DO = Rfll.77In this Report, a rate of $1.00 = Rfll.77 has been used. This was the rategenerally prevailing during fact-funding for the technical assistance.ABBREVIATIONSAssociation of Accounting TechniciansAAT -Commonwealth Fund for Technical CooperationCFTC -Maldives Centre for Management and AdministrationMCMA -Technical AssistanceTA -GLOSSARYrepresents the Ordinary Level examinations set by the University0 Level -of London, which is the minimum requirement to sit for the AATexaminations.A Level - represents the Advanced Level examinations set by the Universityof London, which is the rriininlum requirement for universityentrance and admission to courses for the Institute of CharteredAccountants and certified accounts examinations.NOTES(I) The fiscal year of the Government ends on 31 December.(ii) In this Report, '$" refers to US dollars.V) LI I ILi II III 19 '.JI L.LUUI LII 19 dl IU dUUIL LI diIlI iy UyrdFfl ill II IOFI!1IFJI I. INTRODUCTION1. At the request of the Government, a technical assistance (TA) Fact-findingMission visited the Maldives from 1 to 6 June 1996 to examine the possibility ...