Jan 9, 2018

Coming Up: Regional Conference on Transition to Accrual Accounting

Close to 100 public accountants, national and internal experts and stakeholders in public accounting reform will gather on January 30 and 31, 2018 in Podgorica, Montenegro for the regional conference on transition to accrual accounting. The conference is organized as a part of Public Accountants Certification Training (PACT) projects, running in parallel in Montenegro and Serbia. Both projects are funded by the US Government/USAID and the Government of the Republic of Slovenia via Emerging Donor Challenge Fund, with in-kind participation of the governments in Montenegro and Serbia. The CEF is the implementing partner in cooperation with the Chartered Institute of Public Finance and Accountancy (CIPFA).

PACT projects support national plans for accounting reforms by providing training and internationally recognized certification. The Conference will provide a venue for exchange of experiences and good practices in overcoming challenges inherent to accounting reforms. Development of the public sector accounting profession is an important priority in Public Financial Management reforms in Montenegro and Serbia, but the reforms are normally complex, lengthy and costly. In that respect, the Conference program for the two-day event will explore:

  • Improved Government capacity for Public Financial Management through improved accounting and reporting systems and practices
  • Examples of good practice in transition to accruals from Slovakia and Malta
  • Regional challenges in practical implementation of the selected IPSAS

You can follow the event on Storify.