The program supports constituency in preparation and implementation of accounting reforms by providing knowledge and insight in the latest accounting practices and international accounting and reporting standards, enhancing inter-institutional cooperation and platforms for exchanging country experience and practices. It encourages professional public asset management development, supports effectiveness of accounting and financial reporting and usage of financial information for better decision-making. It also promotes transparent and responsible behavior of individuals and public sector institutions.

Accounting Workshops

The focus of our accounting activities in 2022 is to promote regional cooperation in overcoming common challenges in the accrual reform and adoption of international accounting standards. Learning activities will support development and recognition of accounting profession by strengthening their role to support preparation and delivery of reforms, to fight against fraud and corruption, to contribute to better management of publicly owned assets and to cooperate with other professions in implementing public sector reforms. We will also explore why accounting matters from a central banking perspective, by focusing on accounting and financial reporting framework.

Together with the Chartered Institute of Public Accountancy (CIPFA) we will continue offering a platform for exchanging expert knowledge, experience, best practices, and recommendations to public sector accountants and auditors at our joint annual international conference.

For more information on our Accounting program, please contact Jasmina Popović, Program Officer.

Accounting Certification Program

CEF will continue supporting constituency needs to strengthen public sector accounting in line with international standards and best practices.

The Public Acoountants Certification Training (PACT) program was successfully completed in Montenegro, Serbia, and North Macedonia, where the program will continue to run in 2022 on the advanced, diploma level. The program success is showcased by numerous value creation stories.

PACT in North Macedonia

In 2022, we will focus on implementing the PACT program on diploma level and will be supporting localization of the PACT program in North Macedonia.

Project Coordinator in North Macedonia is Zejnie Elmazi. The project is supported by:

Slovenia's Development Cooperation Ministry of Finance, North Macedonia The Chartered Institute of Public Finance and Accountancy (CIPFA)
Ministry of Finance of the Slovak Republic