PULSAR Brochure
Public Sector Accounting and Reporting Program (PULSAR) aims to support the enhancement of participating countries’ Public Sector Accounting (PSA) and financial reporting frameworks in line with international standards and in accordance with good practices, in order to improve government accountability, transparency, and performance.
Audit Oversight to Enhance Trust and Transparency in Corporate Financial Statements: Challenges in Developing Countries
Beginning with the Sarbanes-Oxley Act in the United States and the creation of the Public Company Accounting Oversight Board (PCAOB) in 2003, a global movement has developed to require independent oversight of corporate auditors. The movement is premised on the notion that independent oversight of auditors is critical for investor confidence, stronger corporate governance, and more financial transparency. A signal event in this movement was the EU’s Statutory Audit Directive of 2006, which required independent oversight to be developed in all EU member countries. Similar strong commitmen
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.
The Republic of Moldova: Support to State Owned Enterprises (SOEs) - Preliminary Diagnostics and Reform Assessment Report
This report is the result of research and analysis undertaken as technical assistance to the Ministry of Finance of the Republic of Moldova, delivered by the World Bank Governance team in collaboration with the UK’s Good Governance Fund. It focuses on the issues identified by OECD Guidelines on Corporate Governance as important in ensuring that state owned enterprises (SOEs) operate in an efficient, transparent and accountable way.
Senior Officials’ Workshop: PULSAR, REPARIS for SMEs, STAREP
A World Bank Centre for Financial Reporting Reform (CFRR) Senior Officials’ Workshop took place in Vienna, Austria on November 29, 2022. It convened more than 140 high-level delegates of key CFRR programs, including senior government officials and policy makers from program countries, international development partners, professional and academic speakers, and experts from key international and European Union (EU) institutions.
Dissemination Webinar “Benefits of Accrual Accounting in the Public Sector”
“Benefits of Accrual Accounting in the Public Sector” analyses and illustrates benefits but also costs related to the implementation of accrual accounting in public sector entities which is a long-term project and requires understanding of outcomes and enabling conditions of such reforms.