Audit profession

During the first week of May, the regional "Strengthening Auditing and Reporting in the Eastern Partnership" program hosted several knowledge and capacity events aimed at strengthening accounting and auditing profession in Georgia. Joining forces with the Service for Accounting, Reporting and Auditing Supervision (SARAS) and IFRS Foundation, the World Bank’s CFRR delivered two roundtables dedicated to the accounting education and professional development, as well as IFRS Workshop.

The Financial Reporting Community of Practice met on July 3-4, 2019, in Vienna, to take stock of progress  on the alignment of the  participating countries’ legal frameworks to the EU acquis and the strengthening of institutions.

This Financial Reporting Community of Practice meeting discussed the implementation of accounting and auditing reforms in alignment with the related EU acquis Communautaire, and capacity building initiative in the countries of the Western Balkans.