map Sitemap contact Contact contact Forum
EN
организација
registers
прописи
  Institute of Certified Auditors of R. Macedonia
 
msc

CONTACT INFORMATION

11 Octomvri 52A/1-3
1000 Skopje
R. of Macedonia

Phone: (02) 3227-599
Fax: (02) 3296-349


 
   
ABOUT ICARM
The assembly for establishment of the Institute of Certified Auditors of the Republic of Macedonia was held on 27.05.2006. The Statute of the Institute was adopted on the assembly and the Chairman of the Institute was elected, Mr. Antonio Veljanov, certified auditor.

Furthermore, the members of the Management Board were also elected, as well as the members of the Supervisory Board and the committees of the Institute. For the purpose of promotion of high professional standards and for improvement of the quality of the audit services, certified auditors associate within the Institute of Certified auditors, in form of professional Chamber association.

The members of the INSTITUTE are certified auditors, audit companies and certified auditors – individuals. The Institute has the status of a legal entity, with public authorizations as determined within the Law on Audit, the Statute of the Institute, as well as other acts. The Institute shall function according to the following competences, tasks and objectives:
  • It shall maintain Registry of certified auditors and Registry of Audit companies and certified auditors – individuals;
  • It shall adopt a program for taking the exam for acquiring the title certified auditor and shall conduct the exams for obtaining the title certified auditor;
  • It shall propose to the Minister of Finance issuing of a working license to an Audit company, certified auditor – individual, and issuing certificate to a certified auditor;
  • It shall also review and provide opinion upon request for approval of qualifications for certified auditor, acquired abroad, based on prescribed rules and procedures;
  • It shall organize inspection of the knowledge in the field of legal regulation of the Republic of Macedonia, which is relevant for conducting audit, when approving qualifications for certified auditor, obtained abroad;
  • It shall prescribe the conditions, organize and conduct continuous professional education;
  • It shall monitor the application of International Audit standards (IAS) and the Code of Ethics for professional accountants of the International Federation of Accountants (IFA) with audit companies and certified auditors - individuals;
  • The Institute shall implement the International Audit standards and the Code of Ethics for professional accountants of the International Federation of Accountants;
  • It shall perform translation and updating the IAS, the International Accounting Standards (IAS), the International standards for financial notification (ISFN), the Code of Ethics for professional accountants of IFA and the International standards for quality control;
  • It shall initiate disciplinary procedure and determine adequate measures for the members, in case of breach of IAS, the acts of the INSTITUTE, and the Code of Ethics for professional accountants of the International Federation of Accountants;
  • It shall inform the Minister of Finance regarding the determined measured from the conducted control of audit companies and/or certified auditors – individuals;
  • It shall determine the amount of the membership fee in the INSTITUTE, which shall provide continuous function of the INSTITUTE;
  • It shall adopt rules which shall provide that the members have the capacity to fulfill the obligations arising from audit work, thus have professional assurance against payment of damages, at the level as determined with the rules of the INSTITUTE;
  • It shall establish Evaluation Committee for the practice of the Audit companies and certified auditors – individuals, which are related to review and making copies of any book, document or item, property of, or under control of the audit companies, as well as for the purpose of obtaining information from any partner or employee of the certified auditor. The certified auditor or a person with the Audit company shall be obliged, upon request from the Institute, or person authorized by it, to present a book, document or item, and, in accordance with this law, may not refuse to present such a book, document or item, even if the auditor considers that the relevant book, document or item contains confidential information regarding the subject of the audit;
  • It shall undertake activities prescribed by the Minister of Finance, which are necessary and adequate for promotion of the high professional standards among audit companies and certified auditors, for the purpose of improvement of the quality of the audit services they are offering;
  • The Institute shall adopt annual program and annual report for its operation, approved by the Minister of Finance, upon proposal by the Council for promotion and audit supervision. The approved annual report shall be published at least in one public media and the web page of the Institute;
  • It shall issue a bulletin;
  • It shall initiate cooperation with professional associations of accountants and auditors;
  • It shall organize professional symposia in the field of accounting and audit;
  • It shall initiate cooperation with high educational institutions in the country and abroad;
  • It shall initiate publication of professional magazines in the field of accounting and audit;
  • It shall initiate amendments to the legal regulations in the field of audit, accounting and finance;
  • It shall conduct control over the application of IAS, the Code of Ethics for professional accountants of IFA, and the acts of the Institute. The control shall be performed based on an annual program of the Institute, or upon request from stakeholders.

      Institute of Certified Auditors, January 2007. All Rights Reserved
Development and hosting: UnetInteractive