The Centre manages both new and continuing financial management projects such as: Strengthening Auditing and Reporting in Countries of the Eastern Partnership (STAREP); The Road to Europe: Program of Accounting Reform & Institutional Strengthening for SMEs (REPARIS FOR SMEs); and the Accounting and Auditing Reports on the Observance of Standards and Codes (A&A ROSC).

SQARP

In Europe and Central Asia

The development objective of the Strengthening Quality of Auditing and Reporting Project for Republic of Albania (SQARP) is to strengthen relevant stakeholder’s capacity to improve, apply and enforce corporate financial reporting in line with good international standards and practices in Albania. The Project will provide a necessary underpinning for the continued reform and will contribute to better enforcement of corporate financial reporting in Albania.

Participating Countries

Focus Areas

PULSAR

In Europe and Central Asia

The Public Sector Accounting and Reporting Program (PULSAR) Program is a regional and country-level program targeting the Western Balkans and the EU Eastern Partnership countries to support the development of public sector accounting and financial reporting frameworks in line with international standards and good practice. The PULSAR Partners - Austria, Switzerland, and the World Bank - jointly established the objectives and scope of the PULSAR Program. They provide institutional support for its implementation and mobilize the resources needed for its activities. Beneficiary countries also have an opportunity to shape the Program through regional cooperation platforms and input to Communities of Practice.

Participating Countries

Focus Areas

REPARIS for SMEs

In Europe and Central Asia

Road to Europe Program of Accounting Reform and Institutional Strengthening for Small and Medium Enterprises – REPARIS for SMEs – aims to support: (i) further improvement of access of SMEs in the Western Balkans to professional accounting and financial management services, and (ii) alignment of Western Balkans corporate financial reporting frameworks with relevant EU directives and regulations.

Participating Countries

Focus Areas

FASE

In MENA, In Sub-Saharan Africa

The Foundational Accounting and Financial Management Skills Enhancement Program (FASE) aims to develop an Accounting Technicians’ qualification in five countries: Morocco, Tunisia, Ivory Coast, Senegal, and Burkina Faso. The project will address the extreme deficit in accounting and financial management skills in the five targeted Francophone African countries by developing a sustainable, basic-level training and certification process for accounting technicians. This program will provide knowledge resources and support to enable countries to train and deploy “accounting technicians” for the public and private sectors. “Accounting technicians” are well-trained in basic, practical skills of bookkeeping, controls, cash management, budgeting, and the like, but are not fully qualified chartered or certified accountants. Their training period is much shorter than for fully qualified accountants and is focused on basic and practical skills that are urgently needed in low-capacity countries.

Participating Countries

Focus Areas

A&A ROSC

In East Asia and Pacific, In Europe and Central Asia

As part of the Accounting and Auditing Reports on the Observance of Standards and Codes (A&A ROSC) initiative, the World Bank has established a program to assist its member countries in implementing international accounting and auditing standards for strengthening the financial reporting regime.

Focus Areas