ORDER OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF MOLDOVA

of December 27, 2016 No. 159

About approval of the Concept and Action plan on development of National accounting standards in the public sector

For the purpose of realization of provisions of the Law on financial accounting No. 113-XVI of April 27, 2007 and the Strategy of development of management of public finance for 2013-2020 approved by the Order of the Government No. 573 of August 6, 2013 I ORDER:

1. Approve the Concept about development of National accounting standards in the public sector, according to appendix No. 1.

2. Approve the Plan of action for development of National accounting standards in the public sector, according to appendix No. 2.

3. Assign to the Ministry of Finance development of National accounting standards in the public sector according to the Action plan provided by the Concept.

4. To impose control over accomplishment of this order on the Deputy Minister of Finance, the chairman of the board on National accounting standards in the public sector of Mr. CHICHIBAB of Yury.

Appendix №1

to the Order of the Deputy Minister of Finance of the Republic of Moldova of December 27, 2016 No. 159

The concept about development of National accounting standards in the public sector

Main reducings

NSBUPS - National accounting standards in the public sector

MSFOOS - International accounting standards of the public sector

IISBUOPV - The integrated information system of financial accounting in bodies of the public power

SGF - Statistics of public finances

1. Introduction

Reforming of financial accounting in the public sector is caused on bigger measure by reforming and development of management of public finance.

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