We are happy to present a new learning resource which summarizes the outcomes of lectures, discussions and knowledge-sharing at two IPSAS trainings that occurred in 2019 and 2020 as part of the Public Accountants Certification Training (PACT) in Montenegro. It provides insights into the state of play and challenges that Montenegro is facing as it moves towards the adoption of accrual-based accounting and implementation of IPSAS-based accounting standards, bearing in mind Montenegrin as well as the wider international aspects. It gives a brief overview of the selected standards and includes recommendations of renowned international experts.

The »Perspectives of Implementation of International Public Sector Accounting Standards (IPSAS) & Transition to Accrual Accounting” publication is available in 2 languages: English and Montenegrin.

We hope you will find the publication a helpful learning resource that will bring you critical insights into Montenegrin experience when pursuing the public sector accounting reform in their country.