ACCOUNTING
CLASS PRESENTATION
CONTENT
• BECOMING AN ACCOUNTANT IN
CROATIA
• PROFESSIONAL ACCOUNTING
ORGANIZATIONS IN CROATIA
• THE BIG FOUR
MATEJ
ACCOUNTANCY IN CROATIA
Several accountancy qualifications in Croatia:
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bookkeeper,
accountant,
chartered (certified) accountant,
forensic accountant,
auditor,
internal auditor
LARISA
Chartered accountant:
- University degree (Faculty of Economics and Business),
- 3 years of work experience,
- Chartered accountant exam,
- no criminal record.
Chartered internal and external auditor:
- the same as the Chartered accountant plus
- honesty and respect of the Code of professional ethics for
auditors/internal auditors
MARIJA
Certified accountant
• Master’s Degree in Economics or Business and
over 3 years of experience
• Master’s Degree in any other field of study and
over 5 years of experience
• Good conduct certificate (police certificate)
• Bar exam
Certified auditor
• Master’s Degree in Economics, Business or Law
• Over 2 years of experience in the field
• Good conduct certificate
• Bar exam
ANA
BECOMING AN ACCOUNTANT IN CROATIA
The candidate needs to:
 be fluent in written and spoken Croatian as well as in
the offical company language
 have residence in Croatia
 have minimum 3 years of working experience in
accountancy
 have degree from the Faculty of Economics and
Business
 have a clean criminal record
ACCA
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(ASSOCIATION OF CERTIFIED CHARTERED
ACCOUNTANTS)
a global body for professional accountants founded in 1904
offers business-relevant top-quality international
qualifications recognised around the world
works with global bodies (IFAC + 71 global accountancy
partnerships)
seeks to bring long-term value to economies in which they
develop and support professional accountants
ACCA members understand international business and local
market issues.
requirements for full ACCA membership: at least 3 years
relevant work experience and 14 ACCA exams
Matea Pezer
ANA
ACCA EXAMS IN CROATIA
FUNDAMENTALS (9 exams in total)
• Knowledge
F1 Accountant in Business (AB)
F2 Management Accounting (MA)
F3 Financial Accounting (FA)
• Skills
F4
F5
F6
F7
F8
F9
Corporate and Business Law (CL)
Performance Management (PM)
Taxation (TX)
Financial Reporting (FR)
Audit and Assurance (AA)
Financial Management (FM)
ANA
PROFESSIONAL (5 exams in total)
• Essentials
P1 Governance, Risk and Ethics (GRE)
P2 Corporate Reporting (CR)
P3 Business Analysis (BA)
• Options (two to be completed)
P4 Advanced Financial Management (AFM)
P5 Advanced Performance Management (APM)
P6 Advanced Taxation (ATX)
P7 Advanced Audit and Assurance (AAA)
2) PROFESSIONAL ORGANIZATIONS
MATEJ
PROFESSIONAL ACCOUNTING
ORGANIZATIONS IN CROATIA
• HZRIF (Hrvatska zajednica računovođa i
financijskih djelatnika),
• UHR (Udruga Hrvatski računovođa),
• HURS (Hrvatska udruga računovodstvenih
servisa),
• RFD (Udruga računovođa i financijskih djelatnika)
LARISA
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RRiF- Association
FINA- Financial agency
National Office for Audit
Croatian Institute of Audit
Croatian Institute of Internal Auditors
Associations for accounting and audit
3) THE BIG FOUR
LARISA
• Deloitte: the fastest-growing company among the “Big
four”.
• E&Y: developing fast.
• Price Waterhouse Coopers: network in 158 countries with
more than 180,000 employers.
• KPMG: the global leader on the fields of audit, tax and
business advisory.
• difficult to work for but offering opportunity
• audit is hard but very interesting
ZRINKA
• PwC
- audit and assurance
- advisory
- tax & regulatory
• Deloitte - audit & advisory
- business advisory services
- financial advisory
- services for European Union
• KPMG - audit
- tax
-advisory
ZRINKA
PwC
Deloitte
KPMG
MATEJ
• every company from The Big 4 group has
subsidiaries in Croatia
• general job requirements:
– High education in accountancy or finance
– Knowledge of English language
– Microsoft Office skills
• candidate’s knowledge in mathematics, English
and general awareness is tested
ZELJKA
Company
logo
Year of
establishmen
t (Croatia)
Number of
employees
Total revenue
2012 (million
HRK)
Market share
by total
revenue 2012
(Top 10)
Ranking
1995
45
42,08
10,42%
4
2002
83
46,76
11,58%
3
1993
140
69,87
17,31%
1
1998
90
49,7
12,31%
2
Source: www.poslovna.hr
ANJA
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Multinational company
Headquartered in London
The Big four
Over 180,000 people
PwC logo since 2010
ANJA
• Three main services
1. Assurance services
2. Tax advisory
3. Auditing and accounting services
• Offices in 159 countries
• In Croatia since 1997 known as PwC
Savjetovanje d.o.o.
Matea
• PwC’s Academy offers a full ACCA Qualification
programme for Croatia.
• At PwC Croatia, the services they offer have been
organized into the following Lines of Service:
– Audit and assurance services
– Tax and regulatory services
– Advisory services
ANJA
• Global PwC – collection of member firms which
are autonomous
• Dennis Nally – Chairman of PwC International
since 2009
AIDA
DELOITTE
• the largest professional services network in the
world by revenue and by the number of
professionals
• services: audit, tax, consulting, enterprise
risk and financial advisory services
• more than 200,000 professionals in over 150
countries.
• 2012–13: $32.4 billion in revenues
AIDA
DELOITTE CROATIA
• Deloitte Ltd. and Deloitte Advisory Services
Ltd. jointly referred to as: “Deloitte Croatia” affiliates of Deloitte Central Europe Holdings
Limited
• Deloitte Croatia: audit, tax, consulting, risk
services and financial advisory services
through over 140 national and specialized
expatriate professionals
• clients: public and private clients spanning
multiple industries
AIDA
DELOITTE’S COLLABORATIVE CULTURE
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integrity,
outstanding value to markets and clients,
commitment to each other,
strength derived from cultural diversity,
continuous learning,
challenging experiences,
enriching career opportunities