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Centre for Financial Reporting Reform

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The Effective Audit Committee: Strengthening Controls, Managing Risk, and Improving Financial Reporting, 16 January 2015

The Centre for Financial Reporting Reform (CFRR) in Vienna, Austria, is responsible for the World Bank’s corporate financial reporting activities across the Europe and Central Asia region. It provides a range of knowledge, convening and capacity development services to partner countries in support of financial reporting reform, institutional strengthening and the dissemination of good practice in the area of financial reporting and auditing.

Feature Story

Accountancy: Framing the Future
November 10, 2014
Rome, Italy

The World Bank hosted a second Accountancy Development for Results event on November 10, on the occasion of the World Congress of Accountants in Rome. A forward-looking, solutions-focused discussion with leaders of the global accountancy profession, Accountancy: Framing the Future will help shape the World Bank’s ongoing engagement with accountancy profession.

World Bank Global Governance Director Samia Msadek blogs about this event.

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About CFRR

Upcoming Events

Programs managed by the CFRR include:

Programs at the Centre for Financial Reporting Reform STAREP - Strengthening Auditing and Reporting in Countries of the Eastern PartnershipREPARIS - The Road to Europe: Program of Accounting Reform and Institutional StrengtheningROSC - Reports on the Observation of Standards and CodesFRTAP - Financial Reporting Technical Assistance ProgramJERP - Joint Economic Research Program on IFRS for SMEs in Kazakhstan


Our partners

The CFRR works in close cooperation with the following organizations:

European CommissionAustrian Development CooperationFederal Ministry of Finance, Austria

SECO - State Secretariat for Economic Affairs Ministry of Finance of the Grand Duchy of Luxembourg


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