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. All CFRR publications are available on this site.
Analysis of public sector accounting education models in six countries
Knowledge product | 2024
The knowledge product is a result of collaboration among the Educational Community of Practice (EduCoP) members of the Public Sector Accounting and Reporting (PULSAR) Program. This study contributes an analysis of PSA education models in six countries, including Albania, Georgia, the Philippines, South Africa, Viet Nam, and Zambia. The study considers the similarities and differences and the successes and challenges for PSA education.
Focus Areas
Characteristics of Public Sector Entities and the Reporting Entity for Sustainability Reporting
Report | 2024
The main objective of this technical note is to identify, explore, and propose the characteristics for disclosure of sustainability-related information of public sector entities and the reporting entity. In doing so, the technical note contrasts the key concepts of the public sector highlighted in the IPSAS Conceptual Framework, since they will serve as a primary reference source in drafting the public sector-specific sustainability reporting standards, and the key concepts developed in relation to ESG topics, the UN SDGs, and private sector developments in sustainability reporting.
Focus Areas
Equipping Professional Accountants for Sustainability
Brochure | 2024
This publication sets out four key areas where accountants need to update their knowledge to meet the growing demand for high-quality sustainability-related information. It speaks to the vital role accountants play in producing reliable sustainability-related data, reporting and assurance, as well as the importance of education and training in ensuring professional accountants are able to meet society’s needs.
Focus Areas
Helping Western Balkan Countries Get Ahead with Sustainability Reporting and Corporate Governance
Success Story | 2024
A series of knowledge exchange events organized by the World Bank’s Centre for Financial Reporting Reform (CFRR) across the region, is helping to boost Western Balkan countries’ knowledge and capacity of these new Sustainability Reporting and Corporate Governance requirements and how these new changes will impact them. Empowered with this knowledge and knowing how to use it is critical to help bring them one step closer to greater EU alignment.
Focus Areas
Public Sector Accounting Assessment (PULSE) Framework Handbook
Publication | 2024
The Public Sector Accounting Assessment (PULSE) aims to support national and subnational governments in developing efficient and effective PSA systems. It provides one single tool to measure and report on both: the conceptual and actual implementation of accrual accounting standards for the public sector according to the International Public Sector Accounting Standards (IPSAS).
In turn, the objective of the PULSE handbook is to describe PULSE structure, process, scoring methodology, and its quality assurance mechanism, among other relevant aspects of the PULSE framework.
Focus Areas
Public Sector Accounting Assessment (PULSE) Report of Armenia
Report | 2024
The main objective of this report is to document the results and findings of the Public Sector Accounting Assessment (PULSE) conducted in the Republic of Armenia, which aims to support the Government of Armenia to develop an effective and efficient accounting system. PULSE assessment evaluates the quality of the public sector accounting (PSA) system and the progress of reforms implemented by the Government of Armenia in this area.
Focus Areas
Public Sector Accounting Assessment (PULSE) Report of Ukraine
Report | 2024
The main objective of this report is to document the results and findings of the Public Sector Accounting Assessment (PULSE) conducted in Ukraine, which aims to support the Government of Ukraine to develop an effective and efficient accounting system. PULSE assessment considers the quality of the public sector accounting (PSA) system and assesses progress towards implementation of accrual accounting standards for the public sector.
Focus Areas
Consolidation of Financial Statements at Different Levels of Government
Knowledge product | 2023
The main objective of this Technical Note is to identify, explore, and propose an integrated process to facilitate the consolidation of financial statements in the public sector and the compilation of Government Finance Statistics (GFS), considering jurisdictions’ experiences and international good practices from Brazil, Georgia, Spain, and Switzerland. In doing so, the Technical Note highlights some challenges that jurisdictions have faced in the reconciliation process and the means of address.
Focus Areas
Georgia Accounting and Auditing Report on the Observance of Standards and Codes
A&A ROSC | 2023
Georgia’s progress in the corporate financial reporting reforms assessed acknowledged in the 2022 Report on the Observance of Standards and Codes in Accounting and Auditing (ROSC A&A). The ROSC A&A report provides new recommendations on further enhancement of the institutional framework for corporate financial reporting in Georgia.
Focus Areas
Public Sector Accounting Assessment (PULSE) Tool User Manual
Publication | 2023
The main objective of this user manual is to facilitate the management of a PULSE web-based tool, and provides overview of the main functions and features of the tool.
Focus Areas