In Focus: Signing the Contract with German Government for Continuation of Training for Montenegrin Internal Auditors

On January 14, 2015 the German Embassy in Slovenia and the CEF signed the third grant agreement for funding the Training of Internal Auditors in the Public Sector (TIAPS) in Montenegro.

The German government allocated the new grant of 200.000 euros to continue the professional qualification training program for public sector internal auditors in Montenegro. This represents a big approval of CEF activities in the region. The CEF will jointly with the UK-based Chartered Institute of Public Finance and Accountancy and the Ministry of Finance of Montenegro run the project through 2015 and 2016 under the auspices of the joint initiative of the German and Slovenian government in the framework of the Stability Pact. The aim is to support the implementation of public finance reforms in the Western Balkans.

German Ambassador to Slovenia HE Dr. Anna Elisabeth Prinz: ”CEFs approach to support its members in the improvement of their public administration is highly appreciated by Germany, since a transparent and efficient administration is essential especially in fields like public finances. The project “Training of Internal Auditors in Public sectors” therefore gets our full support, for both making further steps in the CEFs laudable policy and its dedication to give the region a more stable and good governed framework.”

The expected long-term outcome of the TIAPS project is to achieve an independently and sustainably running program in Montenegro once the project completes. The goal is to involve selected local tutors, who will be, together with three generations of students, the driving force behind enhancing the internal auditing profession in Montenegro also in the future.