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CEF Annual report 2021

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30 <strong>CEF</strong> BUSINESS REPORT <strong>2021</strong><br />

LEARNING PROGRAM 31<br />

ACCOUNTING<br />

We successfully concluded the two-year<br />

certification training for the third generation<br />

of public sector accountants in North<br />

Macedonia (PACT). Due to the Covid-19 circumstances,<br />

we transformed and delivered all modules in an online<br />

format for the first time. We prepared the project<br />

and secured financial support to continue the training<br />

on the diploma level in the following two years.<br />

The program promotes regional cooperation in<br />

overcoming common challenges in the PFM reform<br />

through accounting. It supports the development<br />

and recognition of the accounting profession through<br />

certification trainings, and strengthens inter-institutional<br />

cooperation across countries.<br />

One of the highlights of the year was the first joint<br />

international conference organized as a hybrid event<br />

in North Macedonia, in partnership between the <strong>CEF</strong><br />

and Chartered Institute of Public Finance and Accountancy<br />

(CIPFA). It brought together almost 200<br />

participants from 30 countries and 90 institutions to<br />

discuss trends, lessons learned, challenges and techniques<br />

on how to overcome them in four relevant areas:<br />

asset management, anti-corruption, leadership,<br />

and the training needs of accountants and auditors.<br />

We continued our support to public officials by<br />

raising awareness, deepening knowledge and exchanging<br />

international experience on the topic of<br />

public sector asset management. To ensure further<br />

support, we developed a new project and secured<br />

funding for its implementation through a three-year<br />

project “Efficient Public Sector Asset Management”<br />

(EPSAM), starting on January 1, 2022.<br />

Jasmina Popovič<br />

Program Officer and thematic area lead<br />

<strong>CEF</strong><br />

EVENTS<br />

Building a Public Sector Asset Register: Challenges and<br />

Recommendations<br />

PACT North Macedonia: Management Accounting<br />

PACT North Macedonia: Training of Trainers for Management<br />

Accounting Module<br />

PACT North Macedonia: National Module<br />

Implementation of FMIS<br />

The Role of Accounting and Data in Costing of Structural Reforms<br />

Accounting and Reporting of IPA Projects<br />

PACT North Macedonia: Graduation Ceremony<br />

Supporting Accounting and Auditing Developments and Synergies<br />

International Public Sector Accounting Standards – IPSAS<br />

KNOWLEDGE PRODUCTS<br />

• Public Sector Asset Management in the Republic of North Macedonia<br />

• Application of Selected Public Sector Accounting Standards in North<br />

Macedonia – Overview of International Practices<br />

• Public Accountants Certification Training in North Macedonia<br />

• The Role of Accounting in Costing of Structural Reforms - Case Study<br />

on the Slovak Republic<br />

PROGRAM DONORS<br />

• Ministry of Finance, Slovenia<br />

• Ministry of Foreign Affairs, Slovenia<br />

OTHER PROGRAM PARTNERS<br />

• CIPFA<br />

We are very proud<br />

to have expanded<br />

our partnership<br />

with the <strong>CEF</strong> in recent years.<br />

The conference highlighted<br />

the strong track record, personal<br />

connections and regional<br />

expertise that our <strong>CEF</strong><br />

colleagues have in SEE. We’re<br />

confident that working with<br />

<strong>CEF</strong> will make CIPFA’s training<br />

programmes that much more<br />

impactful, and deliver real benefits<br />

in the region. The joint<br />

<strong>CEF</strong>-CIPFA conference also<br />

highlighted the shared challenges<br />

and issues that we, as<br />

public finance professionals,<br />

experience in our field of work<br />

– regardless of location. More<br />

than 25 accounting and audit<br />

experts that participated in the<br />

conference programme underlined<br />

just how integrated many<br />

of the topics, such as asset<br />

management and anti-corruption,<br />

are across the sector.<br />

Khalid Hamid<br />

International Director<br />

CIPFA

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