This landscape assessment was prepared under the REPARIS for SMEs Program to identify priority areas for strengthening financial management and financial governance among micro, small, and medium-sized enterprises (MSMEs) in North Macedonia, and to assess related development needs.
This Pocket Guide is a practical resource created under the REPARIS for SMEs project to support small and medium-sized enterprises (SMEs) in the Western Balkans. It is tailored for accounting practitioners and small and medium-sized accounting practices who aim to become trusted advisors to SMEs. The guide equips practitioners with essential financial management tools and insights, enabling them to help SMEs strengthen their strategies, improve financial planning, and enhance their financial management capabilities.
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.