Reforming Corporate Financial Reporting : Lessons from REPARIS for Other Technical Assistance Programs
The recent financial crisis brought to light the importance of transparent and effective corporate financial reporting to a country s economic recovery and subsequent growth. The Road to Europe: Program of Accounting Reform and Institutional Streng...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2012/12/17480601/reforming-corporate-financial-reporting-lessons-reparis-other-technical-assistance-programs http://hdl.handle.net/10986/17052 |
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okr-10986-170522021-04-23T14:03:33Z Reforming Corporate Financial Reporting : Lessons from REPARIS for Other Technical Assistance Programs Owen, James Sekiguchi, Juri ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING REFORM ACCOUNTING STANDARDS AUDITING AUDITORS CASH FLOW CORPORATE GOVERNANCE DEBT ECONOMIC GROWTH EXTERNAL FINANCE FINANCIAL COLLATERAL FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS GOOD PRACTICES INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL STANDARDS INVESTMENT DECISIONS LEGAL FRAMEWORK LEGAL FRAMEWORKS LENDING DECISIONS LOCAL BUSINESSES POLICY RESPONSE PUBLIC DEBT PUBLIC MARKET QUALITY ASSURANCE REGULATORY FRAMEWORK REPORTING SYSTEMS RETURN RETURNS STATUTORY AUDITORS TAX TAXATION TRANSPARENCY The recent financial crisis brought to light the importance of transparent and effective corporate financial reporting to a country s economic recovery and subsequent growth. The Road to Europe: Program of Accounting Reform and Institutional Strengthening (REPARIS) program, supported with technical assistance from the World Bank, was designed to assist its eight participating member countries in improving their institutional frameworks for corporate financial reporting and fostering the adoption of European Union (EU) standards for business reporting and auditing. This program has been used to build the kind of broad stakeholder support, both public and private, that is vital for the successful implementation of financial reporting reforms. The emphasis on peer learning, through such tools as communities of practice, helps promote the effective implementation of reforms. In-country engagement is also critical to ensure that changes are implemented on the ground. 2014-02-18T17:24:17Z 2014-02-18T17:24:17Z 2012-12 http://documents.worldbank.org/curated/en/2012/12/17480601/reforming-corporate-financial-reporting-lessons-reparis-other-technical-assistance-programs http://hdl.handle.net/10986/17052 English en_US Europe and Central Asia knowledge brief;issue no. 59 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research Europe and Central Asia |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING REFORM ACCOUNTING STANDARDS AUDITING AUDITORS CASH FLOW CORPORATE GOVERNANCE DEBT ECONOMIC GROWTH EXTERNAL FINANCE FINANCIAL COLLATERAL FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS GOOD PRACTICES INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL STANDARDS INVESTMENT DECISIONS LEGAL FRAMEWORK LEGAL FRAMEWORKS LENDING DECISIONS LOCAL BUSINESSES POLICY RESPONSE PUBLIC DEBT PUBLIC MARKET QUALITY ASSURANCE REGULATORY FRAMEWORK REPORTING SYSTEMS RETURN RETURNS STATUTORY AUDITORS TAX TAXATION TRANSPARENCY |
| spellingShingle |
ACCOUNTANCY ACCOUNTANTS ACCOUNTING ACCOUNTING REFORM ACCOUNTING STANDARDS AUDITING AUDITORS CASH FLOW CORPORATE GOVERNANCE DEBT ECONOMIC GROWTH EXTERNAL FINANCE FINANCIAL COLLATERAL FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL REGULATION FINANCIAL REPORTING FINANCIAL REPORTING STANDARDS GOOD PRACTICES INTERNATIONAL FINANCIAL CRISIS INTERNATIONAL STANDARDS INVESTMENT DECISIONS LEGAL FRAMEWORK LEGAL FRAMEWORKS LENDING DECISIONS LOCAL BUSINESSES POLICY RESPONSE PUBLIC DEBT PUBLIC MARKET QUALITY ASSURANCE REGULATORY FRAMEWORK REPORTING SYSTEMS RETURN RETURNS STATUTORY AUDITORS TAX TAXATION TRANSPARENCY Owen, James Sekiguchi, Juri Reforming Corporate Financial Reporting : Lessons from REPARIS for Other Technical Assistance Programs |
| geographic_facet |
Europe and Central Asia |
| relation |
Europe and Central Asia knowledge brief;issue no. 59 |
| description |
The recent financial crisis brought to
light the importance of transparent and effective corporate
financial reporting to a country s economic recovery and
subsequent growth. The Road to Europe: Program of Accounting
Reform and Institutional Strengthening (REPARIS) program,
supported with technical assistance from the World Bank, was
designed to assist its eight participating member countries
in improving their institutional frameworks for corporate
financial reporting and fostering the adoption of European
Union (EU) standards for business reporting and auditing.
This program has been used to build the kind of broad
stakeholder support, both public and private, that is vital
for the successful implementation of financial reporting
reforms. The emphasis on peer learning, through such tools
as communities of practice, helps promote the effective
implementation of reforms. In-country engagement is also
critical to ensure that changes are implemented on the ground. |
| format |
Publications & Research :: Brief |
| author |
Owen, James Sekiguchi, Juri |
| author_facet |
Owen, James Sekiguchi, Juri |
| author_sort |
Owen, James |
| title |
Reforming Corporate Financial Reporting : Lessons from REPARIS for Other Technical Assistance Programs |
| title_short |
Reforming Corporate Financial Reporting : Lessons from REPARIS for Other Technical Assistance Programs |
| title_full |
Reforming Corporate Financial Reporting : Lessons from REPARIS for Other Technical Assistance Programs |
| title_fullStr |
Reforming Corporate Financial Reporting : Lessons from REPARIS for Other Technical Assistance Programs |
| title_full_unstemmed |
Reforming Corporate Financial Reporting : Lessons from REPARIS for Other Technical Assistance Programs |
| title_sort |
reforming corporate financial reporting : lessons from reparis for other technical assistance programs |
| publisher |
World Bank, Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2012/12/17480601/reforming-corporate-financial-reporting-lessons-reparis-other-technical-assistance-programs http://hdl.handle.net/10986/17052 |
| _version_ |
1764435255115120640 |