1. Public Sector Accounting and Reporting Reforms
Group 1
Public Sector Accounting and Reporting Reforms
Countries: Belarus, Georgia, Kyrgyzstan, Moldova, Russia, Tajikistan, Ukraine
Minsk, October 4th, 2016

2. 1. Public sector accounting and reporting reforms status
Belarus
Georgia
Kyrgyzstan
Moldova
Russia
Tajikistan
Ukraine
Stage of public sector accounting and reporting reform (P - planned, I –under implementation, C-completed) P I
Is it formally part of a broader PFM reform agenda (Y/N)? Y
Is there an official strategic document guiding public accounting reform (Y/N)?
Reform timeline: from __ till __
2016-….

3. 1. Public sector accounting and reporting reforms status
Belarus
Georgia
Kyrgyzstan
Moldova
Russia
Tajikistan
Ukraine
Approach to reform: IPSAS or NS (National Standards) or NS largely based on IPSAS ?
IPSAS
IPSAS (intermediate stage)
NS based on IPSAS
Who is leading the reform efforts and if any formal steering committee is established?
MoF/ Treasury
Treasury/Gvt Council
MoF
Treasury/ Council
MoF/
Council
Is there any external support for the reform (Y/N)? What type of support and from whom?
Y.WB
Y. WB, donors
Y. WB, other donors
Y. EU
Y, WB
Y, WB, SECO No
How is training and certification of accountants organized?
MoF Academy. No certification
MoF. No certification

4. 2. Design and implementation of public sector accounting reform - key stakeholders to be involved, their roles and how to mobilize them
Government and all financial decision makers
Parliament
Public sector entities
Internal/External Audit, other controlling bodies
Training institutions
IT sector
Central Bank
Donors and investors
CITIZENS!

5. 3. Design and implementation of public sector accounting reform – how to make best use of external resources
Consultants
Learn from experience and lessons gained in the course of implementing PFMS
Exposure to international experience, including via PEMPAL-like platforms
International (bilateral) cooperation
Private sector expertise
Software, training
Due diligence

6. Issues for discussion…
Institutional coverage and consolidation technique
Reporting by segment
Procedure for reflecting exchange rate differences
Unified Chart of Accounts and PFMS
Design methodology to support the use of standards
Personnel training and retaining
Taking stock and revaluation of fixed assets and inventory
GFS 2014 vs. 2001
“Employee Remuneration” standard