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.

A4G Preliminary Landscape Assessment for Western Balkans

Publication | 2019

It is the first report prepared under the Accountants as Catalysts for Growth (A4G) initiative. EU-REPARIS has been designed to help and encourage the process of aligning legal frameworks in accounting and audit with the EU’s Acquis Communautaire and encourages the accounting profession to offer enterprises, especially MSMEs, effective business support services and advice on accessing finance and complying with regulatory requirements.

Focus Areas

Enhancing Cooperation between Auditors and Supervisors: A Building Block Approach

Publication | 2019

Building trust takes time, whether it is between individuals, stakeholders’ groups, or institutions, the road to cooperation is long and requires important investments. The objective of this policy note is to provide in a succinct document, some of the key aspects for building that trust to foster cooperation, using the experience of several supervisors.

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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.

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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.

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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.

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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.

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Accrual Based Accounting Core Competency Framework for Public Sector Finance Professionals

Publication | 2018

The Core Competency Framework presented in this document has been prepared to support Governments in implementing and sustaining reforms toward the adoption of accrual based accounting by defining the necessary competencies required by finance professionals to carry out such reforms. In doing so, the Framework provides guidance to the fundamental questions of “Who to train?”, “What to train?” and “To what extent to train?” when embarking on accrual based accounting reforms.

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Roadmap to Public Sector Accounting Reform: Good Practice Template

Publication | 2018

This roadmap template addresses the fundamental questions to be answered in undertaking public sector accounting reforms. It recognizes that reforms are complex and require a multi-layered approach. The roadmap process should be repeated as reform progresses to take account of reform implementation and changing circumstances.

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Toolkit: Public Sector Accounting Education Plan

Publication | 2018

The purpose of this toolkit is to assist countries integrate public sector accounting (PSA) into educational curricula by developing a pathway for the development of PSA professionals that is achievable and appropriate for the needs of individual countries. The toolkit is based on International Education Standards (IES) issued by the International Accounting Education Standards Board (IAESB) which serve as an international benchmark of good practice.

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Group Exercise: Agreed-Upon Procedures

Teaching material | 2018

The Agreed-Upon Procedure (AUP) engagement can be used in a variety of circumstances that involve both financial and non-financial information engagements and cover public and private sector entities. More recently, due to the increasing audit thresholds for smaller entities, the AUP engagement may affect the demand of stakeholders seeking alternatives to audit, such as lenders, and because of the flexibility this type of engagement offers, it can be tailored to different circumstances and focused on individual items of financial data.

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