Financial reporting

The European Sustainability Reporting Standards (ESRS) have been translated into several languages to support the sustainability reporting reform agenda in EU accession countries. The translation is provided for informational purposes only and does not carry legal authority. The translation was performed by the World Bank’s Center for Financial and Sustainability Reporting Reform (CFRR) under its regional program, Enhancing Accounting, Auditing, and Sustainability Reporting Program (EAASURE).

The guide “Corporate Sector Financial and Sustainability Accounting, Reporting and Auditing in the EU Acquis Communautaire” is the fourth edition of the guide which was  first issued in 2007. It provides an overview of EU policy for policymakers, regulators, and stakeholders in Member States, enlargement countries, and the “European Neighborhood.” It is essential for understanding EU standards and regulatory models.

A World Bank governance project in Albania provided technical assistance to improve magistrates’ knowledge of financial reporting and auditing. This marks a key step forward in enhancing the justice sector through capacity building of key stakeholders, particularly in the areas of financial reporting and auditing.