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On April 1-2, the Court of Accounts of the Republic of Moldova (CoARM) participates in the international conference Accounting and Auditing "A&A CON'21", organized by the American Chamber of Commerce of Moldova (AmCham Moldova) and the Association of Professional Accountants and Auditors of Moldova. Moldova (APAA Moldova), in partnership with the Association of Certified and Certified Accountants (ACCA).
The motto of the "A&A CON'21" is "We focus on solutions to accounting and auditing problems", the conference being designed for accounting and auditing professionals, CFOs, civil servants, academia, the scientific community and other stakeholders. accounting and auditing.
The Court of Accounts at this event is represented by Petru Rotaru, Member of the CoA.
At the beginning of the opening session, a sensitive topic was addressed - "Covid-19 and its effects on accounting and auditing". Participants expressed concerns about the negative effects of the pandemic, which managed to change several aspects of accounting and auditing, but managed to mobilize to think differently and manage the situation with minimal adverse and vulnerable consequences.
During the session, Petru Rotaru, Member of the CoA mentioned that the Court of Accounts, like other institutions in the country, is no exception, the pandemic period being a very good lesson in terms of digitizing the audit process. The Court of Accounts is currently implementing a software related to the financial audit, in perspective the compliance audit, being at the testing stage of 3 pilot missions with the support of foreign experts of the European Union delegation, ending in the financial year 2021. The Court of Account revised its Internal Code of Ethics, emphasizing the qualities that a public auditor must possess, namely, competence, equidistance from the institution he audits and the ability to meet all challenges, mentioned Mr. Rotaru.
The event discussed the latest national and international trends in accounting and auditing, including those involving the digitization of business, ethics and integrity of the accounting and auditing professions, accounting errors found in tax inspections, money laundering rules, the professional reasoning of the accountant, the external control of the audit quality are some of the many problems faced by the local community of accountants and auditors.
We mention that the conference is dedicated to the celebration of the professional holiday - Accountant and Auditor's Day, established throughout the Presidential Decree from 29.01.2021.
