The CFRR produces regular reports for its main programs to inform donors, participants and other stakeholders of how the programs are developing. These progress reports summarize the activities carried out under the program and outline how the experience gained will be used to improve the design of the next stages of the program.
As part of the Joint Economic Research Program (JERP), the CFRR has published a report summarizing the options for continuing the reform of financial reporting for small- and medium-sized enterprises in Kazakhstan.
The Sustainable Education component of the REPARIS for SMEs program, which aims to train the accounting profession to support small and medium-sized enterprises (SMEs), continued its implementation this year by preparing and delivering a five-day training of trainers’ workshop during the week of December 9th, 2024, at the premises of the World Bank in Vienna, Austria. The training was delivered with the assistance of professionals from PwC, who developed the training materials under the guidance of the World Bank Team.
On 26 April 2016, around 100 senior officials leading accounting and auditing reforms in countries taking part in two programs being implemented by the Centre for Financial Reporting Reform (CFRR) converged in Vienna, Austria.
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.
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.
A two-day virtual webinar was delivered by the CFRR on March 30 and 31, 2022 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).
Starting 2018, Georgian small and medium enterprises (SMEs) will transition to IFRS for SMEs. This important step is expected to raise financial transparency of Georgian businesses, increasing their opportunities for investment and simplifying access to credit. To support the local business community and assist SMEs in this important change, the Georgian Service for Accounting, Reporting and Auditing Supervision (SARAS) has launched a series of education events to raise awareness about the Standard and collaborate with the wider stakeholder groups in the country.
