North Macedonia Accounting and Auditing Report on the Observance of Standards and Code

The Report on the Observance of Standards and Codes, Accounting and Auditing (ROSC A&A) provides an assessment of financial and sustainability reporting and auditing requirements and practices within the corporate sector in North Macedonia and sets forth areas for consideration for improving the institutional environment for accounting and auditing. The ROSC A&A uses international benchmarks of good practice governing financial reporting and auditing in the assessment, including International Financial Reporting Standards and International Standards on Auditing.

Supporting the Development of Sustainability Reporting in Republika Srpska

The Ministry of Finance of Republika Srpska, Bosnia and Herzegovina, is advancing its corporate sustainability reporting reform agenda as part of its broader efforts to align with European Union (EU)  requirements. The World Bank Centre for Financial and Sustainability Reporting Reform (CFRR) is providing technical assistance in the development of a Rulebook on Sustainability Reporting that will guide implementation in practice.

Applying new Accounting Standards in Azerbaijan: Problems and Perspectives

The conference on October 2nd featured speakers from the World Bank, the Professional Accountancy Organization Development Committee of the International Federation of Accountants (IFAC), as well as representatives from Professional Accountancy Organizations (PAOs) in Poland, the Kyrgyz Republic, and Georgia. The discussions focused on changes in Accounting Law, how to achieve smooth transition by learning good international practices and overcoming challenges, as well as the implications to the accounting profession.

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