Accounting and auditing regulatory frameworks

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.

Tajikistan 2025 Report on the Observance of Standards and Codes in Accounting and Auditing provides recommendations on enhancement of the institutional framework for corporate financial reporting in Tajikistan.

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.

The World Bank conducted reviews of accounting and auditing within the ROSC initiative at the invitation of the Kyrgyz Republic. The World Bank utilized a diagnostic tool that it developed to gather pertinent information for preparing the Accounting and Auditing ROSC. The ROSC A&A report provides recommendations on further enhancement of the institutional framework for corporate financial reporting in the Kyrgyz Republic.

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.