Reporting by Public Oversight Bodies
A key goal of independent oversight is to provide relevant and reliable information to investors, lenders, audit committees, regulators, other stakeholders, and the general public about auditors and the audit market, among other matters.
Smaller Audits: Challenges and Insights
Smaller audits are considered “a specialty”, with their own unique set of challenges for practitioners to address when engaging with smaller clients. This publication highlights some of those challenges and provides related insights that might be useful for practitioners, Small and Medium Sized Practices (SMPs) and Professional Accounting Organizations (PAOs) as they support their members.
Sharing Practices in Audit Oversight: Insights from Serbia
The EU-funded REPARIS for SMEs program hosted a knowledge sharing event in Belgrade, titled “Sharing Practices in Audit Oversight: Insights from Serbia”. Representatives from Serbia, Bosnia and Herzegovina and the World Bank participated, aiming to help Bosnia and Herzegovina align its audit oversight frameworks with EU standards.
Improving Audit Quality in Western Balkans Countries Through Continuing Professional Development and Learning
As part of the REPARIS for SMEs regional program for the Western Balkans, experts from the Institute of Chartered Accountants of England and Wales (ICAEW) delivered a series of interactive webinars on the subject of private sector audit and audit inspection.
Second Regional Audit Quality Assurance Forum “Practical examples of public oversight and quality control of audit”
The second Audit Quality Assurance Forum convened on November 7-8 in Skopje, North Macedonia, bringing together 51 representatives from competent authorities in the field of audit public oversight across Western Balkan countries. Ministries of finance and professional accounting associations, which play a crucial role in this domain, were also present.
Good Practices in Audit Oversight and Enforcement: Insights from the Polish Agency for Audit Oversight
The knowledge sharing event on "Good Practices in Audit Oversight and Enforcement: Insights from the Polish Agency for Audit Oversight" took place on October 3-4, 2023, in Warsaw. This event, organized by the World Bank Centre for Financial Reporting Reform, was part of the regional project The Road to Europe Program of Accounting Reform and Institutional Strengthening for Small and Medium Enterprises (REPARIS for SMEs).