Course for Accountants of State CJSCs of the RA
Introduction to the project
December 1999 the Government of the RA takes a decision to accept the
decree # 729 "about a change in decree # 740 by 26th November 1998"
aiming at speeding up the New Accounting System investment and raising
the quality of conversion process. The decree defines the reviewed calendar
for the obligatory transmission to the New Accounting System:
As it turned out, the state entities, during the period of transition to the new Accounting System, have come across a set of difficulties. A special support system to state entities should be developed, which, during the period of conversion, in 2000, will ensure the relevant transition to the new Accounting System. Local Accountants' obligatory training should be included in the system.
For efficient realization of the transition to the new Accounting System, it is planned to create a working staff within each Ministry, which will coordinate the process of transition to the new Accounting System of closed joint stock companies of their Ministry (for 50% and more), and the methodological management of the process will be realized on the behalf of the Ministry of Finance and Economy of the RA.
The Government of the RA has decided that this project will be funded on the behalf of State Credit of World Bank SATAC II.
Brief Description of the Content
project was aimed at retraining 300 accountants from 200 Closed Joint
Stock Companies and appropriate ministries in accordance with the following
It is assumed that the retraining course will highly support participating organization in the process of implementation of new accounting system of the RA.
245 participants received their Certificates on Completion and Official Closing Ceremony was held in the Yerevan Chamber Music Hall on November 14, 2001.