Enhancing Cooperation between Auditors and Supervisors: A Building Block Approach

Building trust takes time, whether it is between individuals, stakeholders’ groups, or institutions, the road to cooperation is long and requires important investments. The objective of this policy note is to provide in a succinct document, some of the key aspects for building that trust to foster cooperation, using the experience of several supervisors.

Strengthening Public Oversight in Bosnia and Herzegovina

Key stakeholders involved in public oversight from Bosnia and Herzegovina convened in Sarajevo on October 1, 2024, to discuss ways to strengthen audit public oversight at both the country and entity levels to ensure better alignment with the European Union (EU) acquis. The event was attended by 30 participants, including representatives from relevant institutions and professional accounting associations from Republika Srpska, the Federation of Bosnia and Herzegovina, Brčko District, as well as the state-level Ministry of Finance and Treasury.

Improving Audit Quality in Western Balkans Countries Through Regional Cooperation

The inaugural meeting of the Regional Audit Quality Assurance Forum was held in Vienna on May 16-17, 2023. The event was organized under the Road to Europe Program of Accounting Reform and Institutional Strengthening for Small and Medium Enterprises (REPARIS for SMEs) and for representatives of competent authorities responsible for public oversight and quality assurance in the Western Balkans countries. The event was attended by 60 participants including from public oversight bodies, professional accounting organizations (PAOs), and ministries of finance.

Strengthening audit oversight and enforcement in Albania: Training visit by the Austrian Audit Oversight Authority

As part of the Strengthening Quality of Auditing and Reporting Project (SQARP) for the Republic of Albania the Albanian Public Oversight Board benefited from an exchange of experience with the Austrian Audit Oversight Authority. A two-day workshop was delivered on March 23-24, 2023, in Tirana, Albania.