About this learning event

Cost accounting directly impacts the financial strength, stability, and regulatory effectiveness of central banks. This learning initiative will explore in detail how the accurate tracking and allocation of costs are closely linked to key activities such as managing foreign exchange reserves and conducting various monetary policy operations. Additionally, we will examine how transparent, accountable, and well-organized accounting practices significantly improve the overall effectiveness of overseeing financial institutions and ensuring strict regulatory compliance across the financial system.

The workshop aims to familiarize with the concepts and tools that support the analysis of costs in an effective and efficient manner. Cost accounting is an important tool for improved understanding of actual resource allocation, and offers the information needed for efficient and effective decision-making. Through presentation of theoretical concepts and practical exercises, the workshop will help participants understand the practical applicability and benefits of cost accounting in their institutions.

Who should attend

This initiative is designed for the officials of financial reporting and accounting departments of central banks and financial supervisory authorities. 

Experts

• Tamara Gavrić, Head of the Department for Financial Reporting and Analysis, Central Bank of Bosnia and Herzegovina
• Luka Kocina, Director, Internal Finance and Controlling Department, Bank of Slovenia
• Experts from the Finance Department, Bank of Latvia

Practical information

Participants will be accepted as self-funded (for transfer, accommodation). Meals during the event are fully funded.  Professional working proficiency in English is expected.

Partners

This learning initiative is supported by: