USAID in collaboration with Royal NIVRA, CARANA Corporation and Public Private Partners Ernst and Young and Deloitte. of the Netherlands, successfully delivered trainings on the practical aspects of conducting financial audits as part of the BISTA Project's initiative to develop a Practical Audit Experience Training (PAET) Manual. Trainers traveled to Pristina, Kosovo; Tirana, Albania; and Chisinau, Moldova to work with  each country's respective professional accountancy association (SCAAK, IEKA & ACAP) to learn about the auditing environment in each country and to share their knowledge and experience with local auditors. Due to the overwhelming demand, this collaborative group provided instruction to over 150 auditors on such topics as assessing audit risk, determining audit materiality and identifying key assumptions and the practical application of substantive and analytical tests of accounts.