Upcoming Events

Focus Areas

EAASURE

PULSAR

REPARIS for SMEs

The Ministerial Conference “Financial and Sustainability Reporting Reforms: Navigating Green and Digital Agendas”

The Ministerial Conference will be accompanied by other events for professionals and senior officials to complement and further expand on the Ministerial Conference themes:

• March 17 – Accounting and Auditing Reform Momentum Forum
• March 17 – Climate Change Action by State-Owned Enterprises Workshop
• March 18 – The Ministerial Conference
• March 19 – Sustainability Reporting Workshop

The objective of the Conference is to raise awareness of and mobilize political support for financial and sustainability reporting reforms aligned with international and regional standards in Europe and Central Asia (ECA) region. It aims to enhance decision-making, accountability, transparency, and achievement of development goals. The event will consider climate-related trends impacting accountants and auditors and highlight recent advances in digitalization which can help achieve reliable and transparent financial and non-financial information in the public and private sectors.

It comes at a critical time when national authorities are assessing the implications of the new sustainability reporting standards for the private and public sector and how best to respond. This presents additional challenges given that many governments in the region have yet to complete the transition to accrual accounting and have made limited progress in consolidating financial information across the public sector.

Digital technologies will facilitate financial and sustainability reporting, but further work is needed to strengthen data governance and develop staffing capacity and analytical tools appropriate for corporate and public sector stakeholders. Implementation of sustainability reporting will require high level political commitment for regulatory reform and significant investments in capacity building across regulators, public, private, and state-owned enterprises which the Conference seeks to encourage.

Some 220 high-level delegates are expected, including Ministers of Finance from partner countries, senior government officials, international development partners, senior representatives from the public and private sectors, professional and academic communities, and experts from key international and EU institutions. The Conference is an opportunity for participants to interact with international experts and regional peers on key topics and challenges related to sustainability and financial reporting in both corporate and public sectors, digital transformation, the use of artificial intelligence, and how these may impact the accounting profession.

The Ministerial Conference is financed by the Ministry of Finance of Austria, the State Secretariat for Economic Affairs of Switzerland and the European Commission through three regional programs: the Public Sector Accounting and Reporting Program (PULSAR); the Road to Europe: Program of Accounting Reform and Institutional Strengthening for Small and Medium Enterprises (REPARIS for SMEs); and the Enhancing Accounting, Auditing, and Sustainability Reporting Program (EAASURE).  CFRR supports country reporting reform in the public sector, corporate sector and state-owned enterprises.

Participating countries of the CFRR Programs: Albania, Armenia, Azerbaijan, Bosnia and Herzegovina, Georgia, Kosovo, North Macedonia, Moldova, Montenegro, Serbia and Ukraine. The language of the conference is English with simultaneous interpretation into Albanian, Bosnian, Croatian, Serbian and Russian.

Participation in the events is per invitation only.