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.
Guide on Preparation for Private Equity: Can Venture Capital and Private Equity Work for You?
Publication | 2020
Access to finance is ranked as one of the constraints on businesses in the Western Balkans region Across the region, up to 99 percent of enterprises are small or medium-sized (SMEs). SMEs are a primary source of economic growth, innovation, and most importantly, job creation in the region. To attract funding from investors and grow their businesses successfully entrepreneurs need the necessary skills to become investment ready.
Focus Areas
Stocktaking of Public Sector Accounting and Reporting Environment in PULSAR Beneficiary Countries
Publication | 2020
This study is a knowledge product of the World Bank in cooperation with the Institute of Public Management from Zurich University of Applied Sciences (ZHAW), developed under the Public Sector Accounting and Reporting (PULSAR) Program. This study analyzes the Public Sector Accounting (PSA) environment of thirteen beneficiary countries of the PULSAR program by identifying strengths, challenges and opportunities within the PSA framework.
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Strengthening fixed asset management through public sector accounting
Report | 2020
This PULSAR knowledge product elaborates mechanisms through which asset accounting may contribute to optimize fixed asset portfolios of governments by providing scientifically sound and practical answers to the following main questions:
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Tertiary accounting education reform in the Kyrgyz Republic
Report | 2020
The report was prepared as part of the implementation of KAREP’s Component 3 “Improving accountancy education, financial literacy, and use of financial information”. The report aims to assist universities improve their accounting education curricula. It analyzes existing university programs in accounting and auditing and makes recommendations to achieve closer alignment to the International Education Standards (IESs) and best practices, in particular by leveraging the World Bank Centre for Financial Reporting Reform’s accounting education activities.
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A Good Practice Outline of the Multipurpose Chart of Accounts
Publication | 2019
This good practice paper is a product of knowledge sharing and collaboration among the FinCoP members with support from international experts. It is intended to inform and assist PULSAR countries in updating or designing a full scope chart of accounts.
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A4G Preliminary Landscape Assessment for Western Balkans
Publication | 2019
It is the first report prepared under the Accountants as Catalysts for Growth (A4G) initiative. EU-REPARIS has been designed to help and encourage the process of aligning legal frameworks in accounting and audit with the EU’s Acquis Communautaire and encourages the accounting profession to offer enterprises, especially MSMEs, effective business support services and advice on accessing finance and complying with regulatory requirements.
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Albania Accounting and Auditing Report on the Observance of Standards and Codes
A&A ROSC | 2019
The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of Albania. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC.
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Audit Oversight to Enhance Trust and Transparency in Corporate Financial Statements: Challenges in Developing Countries
Publication | 2019
Beginning with the Sarbanes-Oxley Act in the United States and the creation of the Public Company Accounting Oversight Board (PCAOB) in 2003, a global movement has developed to require independent oversight of corporate auditors. The movement is premised on the notion that independent oversight of auditors is critical for investor confidence, stronger corporate governance, and more financial transparency. A signal event in this movement was the EU’s Statutory Audit Directive of 2006, which required independent oversight to be developed in all EU member countries. Similar strong commitmen
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Be Well Prepared to Meet Your Bank - What Banks want to know
Brochure | 2019
The bank will want a realistic picture of how much you owe to others. This is not always straightforward.
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Benchmarking Guide: Integrated PSA and GFS
Publication | 2019
The Benchmarking Guide for Integrating Public Sector Accounting and Government Finance Statistics aims to inform practitioners and public sector accounting reforms by highlighting the similarities and differences between International Public Sector Accounting Standards and Government Finance Statistics reporting guidelines such as the Government Finance Statistics Manual of the International Monetary Fund (GFSM 2014) and the European System of Accounts (ESA 2010).
Focus Areas