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.
Group Challenge: Most Inspiring Audit Trainer
Teaching material | 2016
Engaging the participation of learners as presenters provides an opportunity to involve participants in a “learning by doing” approach and empowers them to apply their knowledge by simulating a real life scenario. This Group Challenge aims to enhance the soft skills development of trainers and to improve their presentation skills and techniques.
Focus Areas
Montenegro - Corporate Sector Financial Reporting: Technical Note
Publication | 2016
This note was prepared as part of the Financial Sector Assessment Program (FSAP) and was made public in January 2016. Its main objective is to describe the status and recent developments in corporate financial reporting framework in Montenegro and highlight key issues relevant to financial sector. The note represents a technical annex to the main FSAP Aide-Memoire and seeks to provide a high-level overview of developments since the 2007 A&A ROSC2, as well as highlight the areas that are most relevant to the financial sector.
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Practical guide for PAOs on continuing professional development for accountants
Publication | 2016
Professional accountants recognize that achieving and maintaining the highest levels of professional competence help them win business and retain clients. Professional Accountancy Organizations (PAOs) have an important role to play in encouraging, facilitating and monitoring life-long learning. With the support of participating PAOs involved in the EU-REPARIS Audit Training of Trainers program, the World Bank Centre for Financial Reporting Reform has produced a short practical guide on Continuing Professional Development (CPD).
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Role Play Exercise: Developing Effective Interview Skills
Teaching material | 2016
This exercise, developed to facilitate the EU-REPARIS Audit Training of Trainers program, enables participants to engage in a role play activity and develop their interview, communication and interpersonal skills. By simulating a real life business situation, participants tackle and solve some real life problems. This is critical for the development of the complex skills needed by auditors that go beyond the theory and International Standards on Auditing (ISAs), and also allows participants to exercise their professional judgment and understand problems from different perspectives.
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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.
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The Audit Market in Poland: Key Statistics and Market Perceptions
Publication | 2016
This report provides a quantitative and qualitative analysis of the audit market in Poland. It features a range of data, including on the estimated number of companies that require audits, the number and type of auditors and audit firms, leading audit firms, and the auditors of the largest companies listed on the Warsaw Stock Exchange.
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The Ethical Dilemmas Board Game
Teaching material | 2016
Developed to facilitate the EU-REPARIS Audit Training of Trainers program, the objective of the Ethical Dilemmas Board Game is to enable participants to approach professional ethics training and education in a practical way, by analyzing threats that arise and selecting an appropriate course of action in line with the fundamental principles of the International Ethics Standard Board for Accountants (IESBA) Code of Ethics. The game is expected to develop participants' ethical decision-making skills and to make sound judgments when resolving and mitigating ethical dilemmas.
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The study on accountancy market and professions in Poland
Publication | 2016
The Accounting Market Study has been designed to provide relevant information for multiple uses, including the gathering of statistics for IFAC. It also offers quantitative information and feedback on aspects of the functioning of the accounting market to enable better understanding of the market for regulatory purposes.
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A Comparison of Polish Public Sector GAAP with IPSAS
Publication | 2015
The Report "A Comparison of Polish Public Sector GAAP with IPSAS" dated May 2015 was prepared at the request of the Polish Ministry of Finance as a support to prepare future directions of public sector accounting reform in a response to the Eurostat initiative to promote the harmonization of public sector accounting across the EU including the introduction and adoption of European Public Sector Accounting Standards (EPSAS) based on International Public Sector Accounting Standards (IPSAS).
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Accounting Vouchers and Principles of Bookkeeping - Expectations in 21st Century
Publication | 2015
This study is available in English and Polish. It assesses the current regulations and practices related to accounting vouchers and bookkeeping in Poland, including cross-cutting tax regulations, and compares them with selected EU countries (France, Germany and UK). The study was undertaken at the request of the Polish Ministry of Finance, and funded under the Financial Reporting Technical Assistance Program (FRTAP) by a grant from Switzerland through the Swiss Contribution to the Enlarged European Union.
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