More Transparent and Accountable Associations through the Financial Management Training in Bitola

Feb 17, 2020

Auditing and Internal Control Systems, Risk Management, Procurement, Budgeting, Direct and Indirect Project Costs are the topics that CSOs were most interested during the two-day training on “Financial Management, Financial Transparency and Accountability of CSOs” organised on 6-7 February in Bitola.

At the training, 19 CSOs’ representatives had the opportunity to learn about the legal and tax framework for the operation of associations and foundations, including the status of public benefit organisation. Through practical examples and exercises, participants clarified a number of dilemmas and issues related to the country’s tax legislation.

Many participants expressed great motivation to share the lessons learned with their management structures and other membership in their organisation. They expect to introduce changes in risk management, internal controls and financial management, which will contribute to increased transparency and accountability of the organisations.

Some participants requested this kind of training but on basic level so that smaller local organisations could become better acquainted with the fundamentals of financial management.

The training is part of the Capacity Building Programme under the Civil Society Resource Centre, EU-funded project implemented by Macedonian Center for International Cooperation in partnership with Media Plus, Stip and Association for Democratic Initiatives – ADI, Gostivar.

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