As candidates, or potential candidates, for EU enlargement the countries of Southeast Europe, including Albania, Bosnia and Herzegovina, Kosovo, Former Yugoslav Republic of Macedonia, Montenegro and Serbia, are integrating more closely with the EU and the EU's internal market, and aligning their legislative frameworks with the EU acquis communautaire.

EU-REPARIS has been designed to help and encourage this process of integration. It

• addresses the need for better institutional frameworks, aligned with the acquis and harmonized regionally;
• encourages the accounting profession to offer enterprises, especially SMEs, effective business support services and advice on accessing finance and complying with regulatory requirements;
• helps stakeholders better understand the relationship between improved financial reporting and access to finance; and
• develops supportive networks of institutions among the countries of Southeast Europe, building sustainability and improving awareness of the benefits and successful approaches to corporate financial reporting reform.