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.

Be Well Prepared to Meet Your Bank - What Banks want to know

Brochure | 2019

The bank will want a realistic picture of how much you owe to others. This is not always straightforward.

Focus Areas

Do You Need a Loan - Helping SME Access Finance in Serbia

Brochure | 2019

This brochure aims at helping SMEs access credit in Serbia, by providing 8 insights to help SMES how banks make lending decisions.

Focus Areas

How to Choose Your Accountant

Brochure | 2019

Banks need reliable, transparent financial information when making credit decisions. A financial advisor or accountant can advise you on when it could be advantageous to seek out a bank, and help you calculate, compile, and present your information to banks.

This brochure will help you in choosing a financial advisor or accountant for your SME.

Focus Areas

Understanding Your Financing Needs and Options

Brochure | 2019

SMEs often go to their bank for a loan when it’s too late. Banks reported that many SMEs wait until they face a severe cash constraint before they come to the bank to request a loan. The company’s cash is nearly depleted, and their pockets are empty. This is too late, since banks cannot lend to companies that are nearly bankrupt.

This brochure will help you in understanding your financing needs and options.

Focus Areas

Audit Data Analytics: Opportunities and Tips

Publication | 2017

Traditional audit methods served auditors for decades but as technology advances and stakeholders’ expectations evolve, so does the need for auditors to innovate and transform their approaches in order to keep pace with demand. This publication describes some of the opportunities that new technologies, especially the use of audit data analytics, can offer for audits of entities of all sizes. It also provides a few tips which might be useful for practitioners, Small and Medium Sized Practices (SMPs) and Professional Accountancy Organizations (PAOs) as they support their members.

Focus Areas

Group Exercise: Going Concern Judgements

Teaching material | 2017

Developed to facilitate the EU REPARIS Audit Training of Trainers program, the objective of the group exercise is to enhance the analytical and intellectual skills of participating trainers while engaging in a practical case study involving going concern judgements. Gathering appropriate evidence and evaluating the appropriateness of the going concern assumption, as well as making judgements about whether a going concern issue is present, are affected by the size of the entity.

Focus Areas

Simulated Client Meeting: Developing Client Relationship Skills

Teaching material | 2017

This group challenge was developed to facilitate the EU-REPARIS Audit Training of Trainers program and enables participants to practice their client relationship skills and cross-selling techniques. By engaging in the simulated client meeting, participants are provided with an opportunity to practice these skills in a simulated face-to-face client meeting and thus tackle and solve some real life business situations and problems.

Focus Areas

Small and Medium Enterprises: Financial Information As A Catalyst For Lending - Results of a Survey on Bank Lending Practices in Serbia

Report | 2017

The study of bank lending practices to SMEs in Serbia, based on a survey of six of the largest banks, finds that financial statements are a significant input to banks’ lending decisions to SMEs. The report was disseminated on 17 October 2017 in Belgrade at the Banking Association; in attendance were representatives from ten commercial banks (some of which had participated in the study), the Ministry of Economy, and other stakeholders. The meeting acknowledged the findings and conclusions of the study and found them in line with their own practices.

Focus Areas

Small and Medium Practices: The Trusted Advisors of SMEs

Publication | 2017

Small- and medium-sized practices (SMPs) have an important role to play in supplying professional services to their small- and medium-sized enterprise (SME) clients. Understanding the range, requirements and benefits of available professional services is essential for practitioners and SMPs to be able to tailor the various services to meet the needs of their SME clients, as well as helping them to choose the right service for their needs.

Focus Areas

Smaller Audits: Challenges and Insights

Publication | 2016

Smaller audits are considered “a specialty”, with their own unique set of challenges for practitioners to address when engaging with smaller clients. This publication highlights some of those challenges and provides related insights that might be useful for practitioners, Small and Medium Sized Practices (SMPs) and Professional Accounting Organizations (PAOs) as they support their members.

Focus Areas