The Centre provides knowledge services and capacity development assistance. Services include analytical and advisory services, learning and skill development, know-how and knowledge transfer, and technical assistance and institutional strengthening. All CFRR publications are available on this site.

Corporate Financial Reporting in Austria: an Overview

Publication | 2014

An introduction into Austria’s corporate financial reporting environment, with a particular focus on SMEs and specific features of the Austrian environment, intended for policy makers, regulators and practitioners looking for examples of how to formulate or implement the corporate financial reporting elements of the EU acquis communautaire.

Focus Areas

Latvia Accounting and Auditing Report on the Observance of Standards and Codes

A&A ROSC | 2014

The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of Latvia. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.

Focus Areas

Lessons Learned from the World Bank’s Accounting and Auditing ROSC Program

Report | 2014

This paper addresses challenges to the successful implementation of international accounting and auditing standards which have been observed by the World Bank when carrying out the Report on the Observance of Standards and Codes (ROSC) accounting and auditing assessments.

Three of eight lessons learned (from the executive summary):

Focus Areas

Macedonia Accounting and Auditing Report on the Observance of Standards and Codes

A&A ROSC | 2014

The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of FYR Macedonia. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.

Focus Areas

Republic of Armenia Country Strategy and Action Plan for Enhancing Corporate Financial Reporting

Publication | 2014

This Country Strategy and Action Plan (CSAP) published in November 2014 sets out a comprehensive short to medium term reform program for corporate financial reporting in the Republic of Armenia.

Focus Areas

Review of Polish and International Accounting Standards in Scope of Financial Instruments

Publication | 2014

This report is available in both English and Polish and contains an analysis of domestic and international accounting standards applicable to financial instruments. It also features a review of literature available on the subject as well as practical information and case studies. In conclusion, the report proposes enhancements to existing legislation to ensure compliance with EU laws and regulations, in particular with Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements.

Focus Areas

Slovenia Accounting and Auditing Report on the Observance of Standards and Codes

A&A ROSC | 2014

The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of Slovenia. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.

Focus Areas

Study on Accounting Regulation for Business Combinations

Publication | 2014

This study is available in both English and Polish and includes an analysis of domestic and international accounting standards applicable to business combinations. It also features a review of literature available on the subject as well as practical information and case studies. In conclusion, the report proposes enhancements to existing legislation to ensure compliance with EU laws and regulations, in particular with Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements.

Focus Areas