This virtual learning session provided an overview of the International Professional Practices Framework (IPPF) and updated on the recent changes in the framework, covering the mission statement and the core principles as well as presented the changes to the International Standards for the Professional Practice of Internal Auditing (ISPPIA).
The fourth round of IPSAS Training of Trainers Program (ToT) was held in Batumi, Georgia, from January 20 to January 24, 2020. The event was hosted by the Training Academy of the Ministry of Finance of Georgia. The training was delivered in Russian for 29 participants from 6 countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine) and included representatives of the Ministry of Finance, universities involved in accounting programs, Professional Accounting Organizations, and Government training academies.
The Serbia Technical Assistance for Reform of Corporative Financial Reporting (STAR-CFR) project launched in June 2016, funded by a generous grant from Switzerland.
The Government of Kyrgyz Republic approved its Strategy to enhance and develop financial reporting and auditing framework in the Kyrgyz Republic until 2020, setting forward an ambitious reform to modernize and strengthen corporate financial reporting policies and practices, increasing confidence and transparency of Kyrgyz businesses. To support the Government of Kyrgyz Republic on this ambitious goal, the World Bank’s Centre for Financial Reporting Reform (CFRR) is initiating technical assistance focusing on audit and reporting enhancement in the country.