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.
Audit Oversight in the European Union and Western Balkans
Publication | 2025
Effective audit oversight helps improve the quality of financial information, which is crucial to good governance and economic growth.
This paper aims to assist European Union (EU) candidate and potential candidate countries, particularly in the Western Balkans, to establish effective oversight of corporate audit. It:
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Corporate Sector Financial and Sustainability Accounting, Reporting, and Auditing in the EU Acquis Communatuire
Publication | 2025
The guide “Corporate Sector Financial and Sustainability Accounting, Reporting and Auditing in the EU Acquis Communautaire” is the fourth edition of the guide which was first issued in 2007. It provides an overview of EU policy for policymakers, regulators, and stakeholders in Member States, enlargement countries, and the “European Neighborhood.” It is essential for understanding EU standards and regulatory models.
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EFRAG IG 1: Materiality Assessment Implementation Guidance
Publication | 2025
The translation into Ukrainian language is not official; it has not been reviewed or approved by EFRAG. The translation was performed by the World Bank’s Center for Financial and Sustainability Reporting Reform (CFRR), based in Vienna, Austria, under its regional program Enhancing Accounting, Auditing, and Sustainability Reporting Program (EAASURE). The original version is available on the EFRAG website.
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EFRAG IG 3: List of ESRS Datapoints. Explanatory Note.
Publication | 2025
EFRAG released EFRAG IG 3: List of ESRS datapoints as part of its implementation supporting activities, which consist of issuing non-authoritative implementation guidance and other material to support the application of sector-agnostic ESRS ‘Set 1’ adopted by the European Commission via a delegated act on 31 July 2023 and published in the Official Journal of the European Union on 22 December 2023 (‘ESRS’).
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EFRAG IG2: Value Chain. Implementation Guidance
Publication | 2025
The objective of the guidance is to support the implementation activities of preparers and others using or analysing ESRS reports, specifically on value chain information, in accordance with the requirements of Articles 19a or 29a of the Directive 2013/34/EU (referred to as the ‘Accounting Directive’) as amended following the Directive (EU) 2022/2464, as regards Corporate Sustainability Reporting (referred to as ‘the CSRD’).
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European Sustainability Reporting Standards
Publication | 2025
The European Sustainability Reporting Standards (ESRS) have been translated into several languages to support the sustainability reporting reform agenda in EU accession countries. The translation is provided for informational purposes only and does not carry legal authority. The translation was performed by the World Bank’s Center for Financial and Sustainability Reporting Reform (CFRR) under its regional program, Enhancing Accounting, Auditing, and Sustainability Reporting Program (EAASURE).
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Guidance: Good Practices in Public Sector Financial Reporting and Fiscal Transparency
Publication | 2025
This Guidance on Good Practices in Public Sector Financial Reporting and Fiscal Transparency is a knowledge paper of the World Bank Institutions Department developed under the PULSAR Program.
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Montenegro Accounting and Auditing Report on the Observance of Standards and Codes
A&A ROSC | 2025
Montenegro’s 2024 Report on the Observance of Standards and Codes in Accounting and Auditing provides new recommendations on further enhancement of the institutional framework for corporate financial reporting in Montenegro.
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Public Sector Accounting Assessment (PULSE) Report of Georgia
Report | 2025
The main objective of this report is to document the results and findings of the Public Sector Accounting Assessment (PULSE) conducted in Georgia, which aims to support the Government of Georgia 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 Georgia in this area.
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PULSAR Newsletters
Article | 2025
The PULSAR newsletter regularly reports on the program’s latest activities and on developments in public sector accounting and financial management, both internationally and in beneficiary countries.
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