1. TCOP Activity outcomes
Baku, Azerbaijan 
April 12 – 13,  2018

2. Public Sector Accounting and Reporting
Thematic Groups were established in 2013 to address three topics:
- Government Assets Accounting – completed its work in 2015
- Financial Reports Consolidation – completed its work in 2016
- Accounting Standards – the only group that was decided to keep (initially comprised 7 countries – Belarus, Georgia, Moldova, Russia, Tajikistan, Turkey and Montenegro)
Since its establishment the TG on Accounting Standards has held:
3 workshops (Podgoritza, Tbilisi, Minsk)
1 VC
The current meeting is the first one after
workshop in Minsk, Belarus (October 2016).

3. The Accounting Standards TG: Workshop in Minsk, Belarus, October 2016
Ensure a deeper understanding by participants of practical issues related to the implementation of international standards aligned with IPSAS
Provide expert peer support to MOF of Belarus in the implementation of accounting reforms
Goals
Expose participants to the public accounting reform experience in member-countries and other countries of the region as well as with the EU efforts to develop public accounting standards
Provide recommendations to Belarus colleagues
Key outcomes
Members of TCOP TG on Accounting Standards – 45 participants from 13 countries
Detailed Report and materials of the activity are available at the PEMPAL website:
Participants

4. Workshop in Minsk

5. Accounting Standards Key outcomes of TG activity
Peer expert support provided to several countries (including Belarus and Montenegro) regarding the implementation of international standards
Guidelines to identify mismatch between national methodology and international standards reviewed
Experience of several countries regarding implementation of accounting standards aligned with internationals standards reviewed

6. Knowledge Products on accounting and financial reporting produced by the TG
Integration of Budget Classification and CoA: Cases of Good Practice among TCOP Member Countries, 2014
Final Report on the TCOP TG on Assets Management Activity, 2015г.
Guidelines for Financial Reports Consolidation, 2016

7. FinCoP Public Sector Accounting and Reporting COP
TCOP representatives attended the launch of the program – December 2017
Goal – provide support to participating countries in improving public sector accounting and reporting in line with international standards and best practices to enhance accountability, transparency and efficiency of the public sector.
FinCoP
Public Sector Accounting and Reporting COP
EduCoP
Accounting and Reporting Education COP
Institutional support – World Bank, Austria, Switzerland
1-st meetingе – December 11-13, 2017, Vienna, Austria
2-nd meeting (upcoming) – April 23-25, 2018, Vienna, Austria

8. Thank you!