Public Accountants Certification Training in Montenegro

Strategy for Public Sector
Transition to Accrual
Accounting
Action plan
for implementation
of the Strategy
Adoption of the Law
on Accounting
in Public Sector
Law on Accounting
in Public Sector
comes into effect
Mar
2015
Mar
2018
Nov
2019
Jan
2022
Preparation of
PACT training
Apr
2016
Jan
2017
Sep
2018
Launch of
training
(1 st generation)
Launch of
training
(2 nd generation)
Launch of
training
(3 rd generation)
Jan
2018
Oct
2019
Feb
2020
Dec
2016
Regional
conference
Transition to
Accrual
Accounting
Sep
2018
IPSAS
training
Oct
2019
IPSAS
training
Graduation of
1 st generation
Graduation of
2 nd generation
Graduation of
3 rd generation
Mar
2018
Jun
2020
Drafting Law on Accounting in Public Sector and its by-laws
Localization process: Throughout the implementation of three generations of certification, the localization process was running in parallel.
It included: analysis of professional capacity and training needs; translation of the study materials of international modules into the local
language; training of local tutors; facilitation of training on National Legislation and Taxation; transfer of knowledge and skills; coaching
of local institutions’ representatives; setting the legal framework; and drafting a manual for the independent running of localized training.
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