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ACCOUNTING CLASS PRESENTATION. CONTENT. BECOMING AN ACCOUNTANT IN CROATIA PROFESSIONAL ACCOUNTING ORGANIZATIONS IN CROATIA THE BIG FOUR. MATEJ. ACCOUNTANCY IN CROATIA. Several accountancy qualifications in Croatia: bookkeeper, accountant, c hartered ( certified ) accountant,
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CONTENT • BECOMINGANACCOUNTANTINCROATIA • PROFESSIONALACCOUNTINGORGANIZATIONSINCROATIA • THEBIGFOUR
MATEJ ACCOUNTANCYINCROATIA Several accountancy qualifications in Croatia: • bookkeeper, • accountant, • chartered (certified)accountant, • forensic accountant, • auditor, • internal auditor
LARISA Chartered accountant: • Universitydegree (FacultyofEconomicsandBusiness), • 3 yearsof work experience, • Chartered accountantexam, • no criminalrecord. Chartered internalandexternal auditor: - thesame as the Chartered accountantplus - honesty and respectoftheCodeofprofessional ethics for auditors/internalauditors
MARIJA Certified accountant • Master’s Degree in Economics or Business and over 3 years of experience • Master’s Degree in any other field of study and over 5 years of experience • Good conduct certificate (police certificate) • Bar exam
Certified auditor • Master’s Degree in Economics, Business or Law • Over 2 years of experience in the field • Good conduct certificate • Bar exam
ANA BECOMING AN ACCOUNTANT IN CROATIA The candidate needs to: be fluent in written and spoken Croatian as well as in the offical company language have residence in Croatia have minimum 3 years of working experience in accountancy have degree from the Faculty of Economics and Business have a clean criminal record
Matea Pezer ACCA (ASSOCIATION OF CERTIFIED CHARTERED ACCOUNTANTS) • aglobal body for professional accountants foundedin 1904 • offers business-relevant top-quality international qualifications recognised around the world • works with global bodies (IFAC + 71 global accountancy partnerships) • seeksto bring long-term value to economies in which they develop and support professional accountants • ACCA members understand international business and local market issues. • requirements for full ACCAmembership: at least 3 years relevant work experience and 14 ACCA exams
ACCA EXAMS IN CROATIA ANA FUNDAMENTALS (9 exams in total) • Knowledge F1 Accountant in Business (AB)F2 Management Accounting (MA)F3 Financial Accounting (FA) • Skills F4 Corporate and Business Law (CL)F5 Performance Management (PM)F6 Taxation (TX)F7 Financial Reporting (FR)F8 Audit and Assurance (AA)F9 Financial Management (FM)
ANA PROFESSIONAL (5 exams in total) • Essentials P1 Governance, Risk and Ethics (GRE)P2 Corporate Reporting (CR)P3 Business Analysis (BA) • Options (two to be completed) P4 Advanced Financial Management (AFM)P5 Advanced Performance Management (APM)P6 Advanced Taxation (ATX)P7 Advanced Audit and Assurance (AAA)
MATEJ PROFESSIONALACCOUNTINGORGANIZATIONSINCROATIA • HZRIF(Hrvatska zajednica računovođa i financijskih djelatnika), • UHR(Udruga Hrvatski računovođa), • HURS(Hrvatska udruga računovodstvenih servisa), • RFD(Udruga računovođa i financijskih djelatnika)
LARISA • RRiF- Association • FINA- Financial agency • National Office forAudit • CroatianInstitute ofAudit • Croatian Institute ofInternalAuditors • Associations for accounting andaudit
LARISA • Deloitte: the fastest-growing companyamongthe “Big four”. • E&Y: developing fast. • Price WaterhouseCoopers: network in 158 countries with more than 180,000 employers. • KPMG: the global leader on the fields of audit, tax and business advisory. • difficult to work for but offeringopportunity • audit is hard but veryinteresting
ZRINKA • PwC - auditandassurance - advisory - tax & regulatory • Deloitte - audit & advisory - businessadvisoryservices - financial advisory - services for European Union • KPMG - audit - tax -advisory
ZRINKA PwCKPMG Deloitte
MATEJ • everycompanyfromThe Big 4 grouphassubsidiariesin Croatia • general jobrequirements: • Higheducationinaccountancy or finance • KnowledgeofEnglishlanguage • Microsoft Office skills • candidate’s knowledgeinmathematics, Englishand general awarenessis tested
ZELJKA Big Fourin Croatia Source: www.poslovna.hr
ANJA • Multinational company • Headquartered in London • The Big four • Over 180,000 people • PwC logo since 2010
ANJA • Three main services 1. Assurance services 2. Tax advisory 3. Auditing and accounting services • Offices in 159 countries • In Croatia since 1997 known as PwC Savjetovanje d.o.o.
Matea • PwC’s Academy offers a full ACCA Qualification programme for Croatia. • At PwC Croatia, the services theyoffer have been organized into the following Lines of Service: • Audit and assurance services • Tax and regulatory services • Advisory services
ANJA • Global PwC – collection of member firms which are autonomous • Dennis Nally – Chairman of PwC International since 2009
AIDA DELOITTE • the largest professional services network in the world by revenue and by the number of professionals • services: audit, tax,consulting, enterpriserisk and financial advisory services • more than 200,000 professionals in over 150 countries. • 2012–13: $32.4 billion in revenues
AIDA DELOITTECROATIA • Deloitte Ltd. and Deloitte Advisory Services Ltd. jointly referred to as: “Deloitte Croatia” - affiliates of Deloitte Central Europe Holdings Limited • Deloitte Croatia: audit, tax, consulting, risk services and financial advisory services through over 140 national and specialized expatriate professionals • clients: public and private clients spanning multiple industries
AIDA DELOITTE’S COLLABORATIVE CULTURE integrity, outstanding value to markets and clients, commitment to each other, strength derivedfrom cultural diversity, continuous learning, challenging experiences, enriching career opportunities