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.
National Education Initiatives – Georgia
Publication | 2019
This publication summarizes the results of the diagnostic activities that have been conducted in Georgia throughout the STAREP Program. It also documents the direction of future reforms and substance of capacity-building activities required to support greater compliance with international best practices in accounting education and International Education Standards (IESs) published by the International Accounting Education Standards Board (IAESB).
Focus Areas
National Education Initiatives – Moldova
Publication | 2019
This publication summarizes the results of the diagnostic activities that have been conducted in Moldova throughout the STAREP Program. It also documents the direction of future reforms and substance of capacity-building activities required to support greater compliance with international best practices in accounting education and International Education Standards (IESs) published by the International Accounting Education Standards Board (IAESB).
Focus Areas
National Education Initiatives – Ukraine
Publication | 2019
This publication summarizes the results of the diagnostic activities that have been conducted in Ukraine throughout the STAREP Program. It also documents the direction of future reforms and substance of capacity-building activities required to support greater compliance with international best practices in accounting education and International Education Standards (IESs) published by the International Accounting Education Standards Board (IAESB).
Focus Areas
Albania Accounting and Auditing Report on the Observance of Standards and Codes
A&A ROSC | 2019
The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of Albania. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.
Focus Areas
A Good Practice Outline of the Multipurpose Chart of Accounts
Publication | 2019
This good practice paper is a product of knowledge sharing and collaboration among the FinCoP members with support from international experts. It is intended to inform and assist PULSAR countries in updating or designing a full scope chart of accounts.
Focus Areas
Audit Oversight to Enhance Trust and Transparency in Corporate Financial Statements: Challenges in Developing Countries
Publication | 2019
Beginning with the Sarbanes-Oxley Act in the United States and the creation of the Public Company Accounting Oversight Board (PCAOB) in 2003, a global movement has developed to require independent oversight of corporate auditors. The movement is premised on the notion that independent oversight of auditors is critical for investor confidence, stronger corporate governance, and more financial transparency. A signal event in this movement was the EU’s Statutory Audit Directive of 2006, which required independent oversight to be developed in all EU member countries. Similar s
Focus Areas
High-Level Guide on Benefits of Accrual Accounting
Brochure | 2019
A high-level guide on the benefits of accruals based Public Sector Accounting developed under the PULSAR program. The guide serves as an instrument to support clients in their outreach and dialogue to raise awareness of the advantages of accrual accounting adoption.
Focus Areas
Benchmarking Guide: Integrated PSA and GFS
Publication | 2019
The Benchmarking Guide for Integrating Public Sector Accounting and Government Finance Statistics aims to inform practitioners and public sector accounting reforms by highlighting the similarities and differences between International Public Sector Accounting Standards and Government Finance Statistics reporting guidelines such as the Government Finance Statistics Manual of the International Monetary Fund (GFSM 2014) and the European System of Accounts (ESA 2010).
Focus Areas
Competency-based Accounting Education, Training & Certification: Implementation Guide
Publication | 2019
The guide supports transitioning accounting education, training, and certification from a knowledge-based approach to a competency-based approach. Underlying this shift is the expanding expectation for accountants to professional judgment in response to greater transaction complexity, interconnectedness of entities, and broader global influences.
Focus Areas
Linking financial reporting quality and cost of debt: Evidence from Serbian SMEs
Publication | 2017
This publication is an empirical study on financial information and cost of finance in Serbia. Using the financial statement database of the Serbian Business Registers Agency (APR), we analyze the extent to which the quality of a company’s financial reporting is associated with its cost of debt. The focus of this study is small and medium enterprises (SMEs) because they represent a critical segment of the economy in most countries.
Focus Areas
