The third Congress of Accountants of the Republic of Moldova was organized in Chisinau

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On the 4th of April the third Congress of Accountants of the Republic of Moldova was held. The event was dedicated to the anniversary of 7 years from setting of the professional holiday “Accounting Day”. The event was entitled: “Strengthening the accountancy profession in the process of European integration”. The aim of the congress was to establish on reliable basis the prestige of accountancy profession.

Within the event a forum for discussion and exchange of experience was organized, it was possible to express ideas and opportunity to involve participants in projects that can change the view on accountancy and the decision of the third Congress of Accountants of the Republic of Moldova was adopted that will be executed in the following years.

The event was attended by Leonid Cerescu, the president of the National Confederation of Employers of Moldova. During his speech, he mentioned:

“The professional competency for the company is crucial; this is reflected on the state of the economic agent in relationship with public authorities.”

The NCEM has identified a series of weaknesses generated by the legislation, improper approach of it and interference of human factor. Using the platform of social partner of the Government we have presented this weaknesses to the fiscal, social and statistics authorities and the solutions identified during the debates. I’m sure that its implementation will bring a simplification of the activity in the field of accountancy and clarification in applying the legal provisions” highlighted Leonid Cerescu.

At the congress were invited more than 1 thousand of participants, representatives of the Government, international financial institutions, deputies, ministers, accountants and auditors practitioners from RM, fiscal officers, members of professional organizations, guests from other countries.

The most relevant decisions of the Congress are:

1.       Realize the necessary legislative measures in regulation, self-regulation and supervision of accounting profession.

2.       Consolidation of professional organizations to ensure professional development of accountants, their public recognition; increase the quality of provided services in accountancy.

3.       Contribute to creation of appropriate conditions to ensure the increase of accountants’ professionalism for their recognition at the European level.

4.       Continuous insisting on implementing the “The Single Treasury Account” for the budgetary payments (taxes and fees).

5.       More efficient cooperation with public institutions in the process of editing a new edition of the Fiscal Code, as well as the special title of the Fiscal Code “Social payments (taxes)”.