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.
Serbia - Public sector accounting review: report on the enhancement of public sector financial reporting
Report | 2017
The government’s public financial management (PFM) Reform Program 2016-2020 foresees the gradual transition of public sector financial reporting from a cash basis to an accrual basis of accounting and the application of International Public Sector Accounting Standards (IPSAS). This will significantly improve the quality of financial information and should enable better informed decision-making, more efficient use of public funds and resources and improved fiscal performance.
Focus Areas
Group Challenge: The PejaSko Quiz
Teaching material | 2017
This Group Challenge aims to refresh participants memory of key facts and concepts described in the simulated audit client PejaSko that is used as a core teaching resource throughout the Audit Training of Trainers Workshops and draw participant’s attention to key issues to be covered in the upcoming workshop sessions.
Focus Areas
Internal Audit Training of Trainers Training Modules
Teaching material | 2017
The document provides a detailed overview of the Internal Audit Training of Trainers program including the Fundamental and Advanced modules as well as the timing and format of the sessions. The training session workshops have two streams: (i) Fundamentals stream with many practical case studies based on the simulated internal audit case designed for the less experienced practitioner; and (ii) Advanced stream for the more seasoned internal auditor with a narrower focus and more involvement in more complex areas.
Focus Areas
Internal Audit Training of Trainers Training: KJS Case Study
Teaching material | 2017
The KJS case study was developed to facilitate the Internal Audit Training of Trainers workshops and simulated an organization that is a beneficiary of public funds in the Republic of Serbia. The case study is an additional teaching resource during the Fundamentals and Advanced Internal Audit Training of Trainers modules and workshops.
Focus Areas
Internal Audit Training of Trainers Training: JLS-city XX Case Study
Teaching material | 2017
The JLS-city XX case study was developed to facilitate the Internal Audit Training of Trainers workshops and simulated auditing a JLS-city XX with over 200,000 inhabitants located in central Serbia. The case study is an additional teaching resource during the Fundamentals and Advanced Internal Audit Training of Trainers modules and workshops.
Focus Areas
PULSAR Brochure
Brochure | 2017
Public Sector Accounting and Reporting Program (PULSAR) aims to support the enhancement of participating countries’ Public Sector Accounting (PSA) and financial reporting frameworks in line with international standards and in accordance with good practices, in order to improve government accountability, transparency, and performance.
Focus Areas
Knowledge Paper: Key Accounting and Auditing Reforms
Publication | 2017
The purpose of this Knowledge Paper focusing on Key Accounting and Auditing Reforms is to assist the Macedonian Government to make informed decisions for future reform actions following the publication of the Macedonian Report on the Observance of Standards and Codes (ROSC) on Accounting and Auditing (A&A) in 2014.
Focus Areas
Public Sector Internal Audit: Focus on Fraud
Publication | 2017
Strong internal controls, including maintaining a robust internal control environment, are the best way public sector organizations can mitigate fraud. However, even a strong internal control environment cannot guarantee that no frauds will take place within organizations. Implementation of further lines of defense, such as an efficient and effective internal audit function, is important.
Focus Areas
Accountancy Education: A Collection of Good Practices
Publication | 2017
This publication is a collection of good practices in Accountancy Education, organized on a thematic basis and shared by universities, Professional Accountancy Organizations, and members of the EU-REPARIS Program’s Education Community of Practice (EduCop). It supplements the findings of the Accountancy Education Benchmarking Study conducted by the World Bank Centre for Financial Reporting Reform (CFRR) between March 2015 and May 2016.
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