Award ceremony recognizes improvements in sustainability reporting in Georgia

The sixth Best Annual Report and Transparency Award (BARTA) ceremony was held in Tbilisi, Georgia on February 28, 2025 under the Enhancing Accounting, Auditing, and Sustainability Reporting (EAASURE) program, implemented by the World Bank Centre for Financial and Sustainability Reporting Reform. The event was attended by 114 participants.

The Ministerial Conference “Financial and Sustainability Reporting Reforms: Navigating Green and Digital Agendas”

The World Bank Center for Financial and Sustainability Reporting Reform (CFRR) held its 9th Ministerial Conference Financial and Sustainability Reporting Reforms: Navigating Green and Digital Agendas on March 18, 2025, in Vienna, Austria, organized under its three flagship regional programs: EAASURE, PULSAR, and REPARIS for SMEs with support from donors, including the Austrian Government, the Austrian Ministry of Finance, the Austrian Development Cooperation, the Swiss State Secretariat for Economic Affairs, and the European Union (EU).

CFRR 2016 Ministerial Conference

Quality Financial Reporting – a Catalyst for Growth

“Trust, sustainability, finance, development, communication, and success.” These were the most frequently used words during three high-level events in Vienna from 26 to 28 April, according to Samia Msadek, Practice Director, Governance Global Practice at the World Bank.

IFRS for SMEs workshop

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.

Keeping Financial Reporting Relevant: Focus on Micro, Small and Medium Enterprises

This regional workshop in Kyiv aimed to increase understanding of European Union (EU) accounting requirements for micro, small and medium-sized enterprises (SMEs).

Building on previous Accounting and Auditing Standards Communities of Practice (A&ACoP) events, this workshop was organized by the World Bank Centre for Financial Reporting Reform (CFRR), as part of the “Strengthening Auditing and Reporting in the Countries of the Eastern Partnership” (STAREP) program.

IFRS Update for Regulators

A two-day virtual forum for banking and insurance regulators was delivered by the CFRR on December 13 and 14, 2021 under two flagship regional programs: Strengthening Auditing and Reporting in the Eastern Partnership (STAREP) and the Road to Europe Program of Accounting Reform and Strengthening Institutions for Small and Medium Enterprises (REPARIS for SMEs). Representatives of regulators from Kazakhstan and the Kyrgyz Republic also joined the event.