ACCOUNTING AND AUDITING

1
ACCOUNTING AND AUDITING TRAINING NEEDS AT THE
MINISTRY OF FINANCE CROATIA
2
ACCOUNTING

• Three difference approaches
• Cash base accounting treasury
• Modified accrual base accounting- Ministry as a
  budget user, Tax Administration, Custom
• Accrual base accounting preaccession funds

3
ACCOUNTING

• Training needs
• IPSAS
• preparation of financial statements
• treatment of debtors
• treatment of exchange rates
• cashflaw forecasts

4
ACCOUNTING

• OTHER
• basic training for trainees in accounting
• and internal audit departments
• differences between cash, accrual and
• modified accrual accounting
• (adventages and disadventages)

5
AUDIT

• Performing of two types of audit in MoF
• Internal Audit internal audit of MoF
• External Audit (Certification Audit)
• Department in MoF audited all bodies
• involved in IPA implementation as external
  audit
• in accordance with international auditing
• standards

6
AUDIT

• Training needs
• System audit in accordance with
• International Auditing Standards
• Structural Funds Auditing
• Preparation of Risk Assessment-how to select
  sample of projects for auditing
• Internal control weaknesses

7

Thank you for your attention Nada
Zrinuic, Ministry of Finance, Croatia