reporting reform and activities are tailored to meet the varying needs of different compilers and users of financial statements including those designing and implementing reforms such as ministries of finance; the accounting profession; financial regulators; and teachers of accounting in universities. Financial Reporting Technical Assistance Program (FRTAP) This program for new EU member states supports countries in the field of financial reporting. It assists in the implementation of sustainable regulatory and institutional frameworks and in furthering the correct implementation of the acquis communautaire in the area of financial reporting. Funds for this program are provided by the Swiss State Secretariat for Economic Affairs under the Swiss Enlargement Contribution to the European Union. Accounting and Auditing Reports on the Observance of Standards and Codes (A&A ROSC) A&A ROSCs help countries to plan, implement and monitor progress in strengthening the country’s corporate financial reporting regime. Reports analyze the use of national accounting and auditing standards and comparability with international standards; assess strengths and weaknesses of the institutional framework in supporting high-quality financial reporting; and make recommendations and suggestions for improvements. The CFRR have undertaken A&A ROSC reviews in 30 countries at the invitation of governments. References External links Centre for Financial Reporting Reform - Information about the CFRR on the World Bank website World Bank in Vienna - The World Bank Group in Vienna World Bank - The World Bank website on the ECA region World Bank Group and Government of Austria sign Agreement for Offices in Vienna - Report on the seat agreement signed on July 21, 2010 World Bank Financial reporting