Workshop on Audit of the Annual Statements of Accounts of the Budget and Consolidated Financial Statements will be held on 1st and 2nd December 2011, at 9 O'clock in the Serbia Palace - Yugoslavia Room, 2 Bulevar Mihajla Pupina, Belgrade

29 November 2011.
In the introductory part, the participants will be addressed by Radoslav Sretenovic, President of the State Audit Institution and Srdjan Majstorovic, Deputy Director of the EU Integration Office of the Serbian Government.
During the workshop, experiences will be exchanged along with problem faced by representatives of supreme audit institutions of EU member and potential member states when auditing annual statements of accounts of the budget and consolidated financial statements. Members of the Network of the supreme audit institutions of EU member states and potential member states and European Court of Auditors, and/or representatives of state audit institutions of Croatia, Bosnia and Herzegovina, Macedonia, Turkey, Montenegro and Serbia, shall review the following audit elements:

1. Risk assessment of material misstatements,
2. Materiality in Planning and Performing an Audit,
3. Audit Sampling, and
4. Forming an Opinion and Reporting on Financial Statements.

During a two-day event, which will be attended by representatives of European Court of Auditors and SIGMA, practical consequences of implementation of relevant INTOSAI (International Organization of Supreme Audit Institutions) guidelines will be reviewed, and/or ISSAI guidelines (International Standard of Supreme Audit Institutions), along with specific proposals for improvement of audit standards, as well as promotion of further cooperation on issues of mutual interest.
Workshop on audit of annual statements of accounts of the budget and consolidated financial statements is the first activity after the Istanbul meeting, where the heads of supreme audit institutions of EU member states and potential member states met to adopt a decision on mutual goals of their institutions during the preparatory work to become supreme audit institutions of the EU member states. Goals have been adopted in the form of Istanbul Agreement.
Workshop is organized by the State Audit Institution with support of OECD/SIGMA and Joint working Group of Audit Activities.

The Program of the workshop can be downloaded here.


Documents related to this news

Document title
Programm November 2011 File type pdf, File size 466.17 KB