The Centre provides knowledge services and capacity development assistance. Services include analytical and advisory services, learning and skill development, know-how and knowledge transfer, and technical assistance and institutional strengthening. CFRR products include a series of guides and teaching materials that can be used or replicated in different countries.

Banking Supervisors and External Auditors: Building a Constructive Relationship - GUIDE

The 2008 financial crisis highlighted weaknesses in the risk management, control and governance processes of banks as well as in their statutory audit and financial supervision. This led to increased scrutiny of the respective roles and interactions of banking supervisors and external auditors who are key contributors to market discipline. Auditors ensure that financial information is transparent and reliable while supervisors provide confidence in the financial systems. Both supervisors and auditors allow market players to make informed decisions and contribute to financial stability.

Focus Areas

Internal Audit Training of Trainers

The Internal Audit Training of Trainers (IA ToT) activities aim to develop the capacity of the public sector internal auditors to deliver high-quality internal audit training within their countries and institutions, based on the International Standards for the Professional Practice of Internal Auditing (ISPPIA) and international good practices in public sector internal auditing.

Focus Areas

Learning Course "Private Equity in the Western Balkans"

The private equity market in the Western Balkans is at a very early stage of development and there is currently limited investment opportunity. The main source of financial capital available for Small and Medium-sized Enterprises (SMEs) throughout the region currently is through banks; by obtaining lines of credit, bank loans and other forms of debt. Alternative sources of capital are either non-existent or in very low supply. This course offers an excellent opportunity to gain insight into how the private equity market works and how you can help your clients/employers to become ready for investment.

Focus Areas

Audit Training of Trainers

Audit Training of Trainers (Audit ToT) activities focus on developing the capacity of the audit profession to deliver high-quality training and continuing professional development programs based on International Standards issued by the International Auditing and Assurance Standards Board® (IAASB®). This regional activity for participants in the EU-REPARIS program aims to facilitate shared learning and peer exchange regarding the design, content, implementation arrangements, teaching and authorization environment for CPD. It focuses on the needs and challenges of Small and Medium Sized Audit Practices (SMPs) aiming to help develop both their technical and essential soft skills.

Focus Areas