Local community of practice from Azerbaijan benefited from a five-day workshop, delivered by the CFRR on May 23-27, 2022, in Baku on implementation of the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs). The event was organized in cooperation with the Ministry of Finance of Azerbaijan.
A virtual seminar was organized to support STAREP countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine) to better understand the objective and the structure of the recently announced comprehensive review and request of information by the International Accounting Standards Board (IASB) on IFRS for SMEs with a final aim to provide IASB a regional consolidated response to the request for information.
