On May 19, as part of the Kyrgyz Audit and Reporting Enhancement Project (KAREP), the World Bank held an exchange experience webinar in cooperation with the National Business Center (NBC) of Albania.
On 26 November, 2018, the World Bank’s Centre for Financial Reporting Reform (CFRR) held the Senior Officials’ Workshop in Vienna, including senior officials from the Ministries of Finance and audit oversight institutions from the six Western Balkan countries (Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro and Serbia), to discuss and reflect upon the status and implementation of their financial reporting reforms.
The conference on October 2nd featured speakers from the World Bank, the Professional Accountancy Organization Development Committee of the International Federation of Accountants (IFAC), as well as representatives from Professional Accountancy Organizations (PAOs) in Poland, the Kyrgyz Republic, and Georgia. The discussions focused on changes in Accounting Law, how to achieve smooth transition by learning good international practices and overcoming challenges, as well as the implications to the accounting profession.
A two-day workshop on November 28-29 convened participants from six “STAREP Program” countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine) for the tenth Education Community of Practice (EDUCOP) workshop. The second day of the workshop was held jointly with members of the PULSAR EDUCOP (Public Sector). In addition, participants from the Kyrgyz Republic and Serbia participated as guests at the event as part of the KAREP and STAR-CFR projects respectively.
During 8-10 October 2018, the World Bank Georgia Country Office hosted two delegations from the Ministry of Finance of the Republic of Belarus and from the Service for Regulation and Supervision of Financial Markets of the Kyrgyz Republic (SRSFM). The delegations had a unique opportunity to learn about implementation of audit reform in Georgia from their colleagues from the Service of Accounting, Reporting and Audit Supervision (SARAS) in an interactive workshop format.
About 300 delegates including ministers of finance, senior government experts, and representatives of the business, professional and academic communities gathered today to discuss the role financial information plays in supporting economic development, regional and global integration of economies, and convergence of income and living standards between poorer and richer countries. The conference took place under the auspices of the Austrian Presidency of the Council of the European Union and was organized by the World Bank’s Centre for Financial Reporting Reform (CFRR).
Under the framework of the “Enhancing the Quality of Financial Reporting” (EQFinRep) project, Deloitte Albania presented the findings of two surveys regarding the users and preparers of financial reports in the country.
On 10 September 2019, the Centre for Financial Reporting Reform (CFRR), with the lead of Andrei Busuioc (Sr. FMS), played an important role in supporting a workshop on "Financial Reporting Quality and Its Impact on the Economy - Role of the Public Oversight Board" in Tirana organized by Albania's Public Oversight Board (POB).
