Building trust takes time, whether it is between individuals, stakeholders’ groups, or institutions, the road to cooperation is long and requires important investments. The objective of this policy note is to provide in a succinct document, some of the key aspects for building that trust to foster cooperation, using the experience of several supervisors.
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.
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.
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).
The inaugural meeting of the Regional Audit Quality Assurance Forum was held in Vienna on May 16-17, 2023. The event was organized under the Road to Europe Program of Accounting Reform and Institutional Strengthening for Small and Medium Enterprises (REPARIS for SMEs) and for representatives of competent authorities responsible for public oversight and quality assurance in the Western Balkans countries. The event was attended by 60 participants including from public oversight bodies, professional accounting organizations (PAOs), and ministries of finance.
As part of the Strengthening Quality of Auditing and Reporting Project (SQARP) for the Republic of Albania the Albanian Public Oversight Board benefited from an exchange of experience with the Austrian Audit Oversight Authority. A two-day workshop was delivered on March 23-24, 2023, in Tirana, Albania.
A two-day workshop in Vienna on 26 and 27 April, 2018 convened together participants from each of the countries of two regional CFRR projects: Armenia, Azerbaijan, Belarus, Georgia, Moldova, and Ukraine as part of the Strengthening Auditing and Reporting in the Countries of the Eastern Partnership (STAREP) and Albania, Bosnia & Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia as part of the Road to Europe: Program of Accounting Reform and Institutional Strengthening (EU-REPARIS).