As candidates, or potential candidates, for EU enlargement the countries of Southeast Europe, including Albania, Bosnia and Herzegovina, Kosovo*, Former Yugoslav Republic (FYR) of Macedonia, Montenegro and Serbia, are integrating more closely with the EU and the EU’s internal market, and aligning their legislative frameworks with the EU acquis communautaire.
EU-REPARIS has been therefore designed to help and encourage this process of integration by:
- addressing the need for better institutional frameworks, aligned with the acquis and harmonized regionally;
- encouraging the accounting profession to offer enterprises, especially SMEs, effective business support services and advice on accessing finance and complying with regulatory requirements;
- helping stakeholders better understand the relationship between improved financial reporting and access to finance; and
- developing supportive networks of institutions among the countries of Southeast Europe, building sustainability and improving awareness of the benefits and successful approaches to corporate financial reporting reform.
EU REPARIS works with a broad range of stakeholders in the region, including those involved in designing and implementing corporate financial reporting reform in government; members of the accounting profession; financial regulators; universities and other institutions offering accountancy qualifications or ongoing professional development; and local businesses, especially SMEs. Activities are tailored to meet the varying needs of these groups to foster their engagement in the reform process.
Do you want to know more about EU REPARIS?
Visit their webpage to access their progress reports, activities, trainings, workshops and more: http://web.worldbank.org/WBSITE/EXTERNAL/COUNTRIES/ECAEXT/EXTCENFINREPREF/0,,contentMDK:23650584~menuPK:9755227~pagePK:64168445~piPK:64168309~theSitePK:4152118,00.html
*Without prejudice to positions on status, and in line with UNSCR 1244 and the ICJ Opinion on the Kosovo Declaration of Independence.