Program Overview

Introduction to the Program

The "Building Forensic Accounting Capacity in Serbia" project, supported by the Government of the United States and the International Narcotics and Law Enforcement Affairs (INL), aims to establish the forensic accounting profession in the Republic of Serbia. This initiative seeks to enhance the effectiveness and efficiency of public institutions and state authorities in preventing and combating financial and economic crime.

Program Objectives

The primary goal of the program is to develop a strong and reputable forensic accounting profession in Serbia. This can only be achieved by highly educated, trained, and experienced professionals who are capable of detecting, investigating, and analyzing valid evidence in cases of corruption, money laundering, abuse of official position and property, fraudulent financial reporting, and other criminal offenses.

Importance of Forensic Accounting

Forensic accounting skills have become essential in supporting the judicial system of the Republic of Serbia in understanding, explaining, and proving complex financial fraudulent activities and transactions. The program recognizes that organizations worldwide lose approximately 5% of their revenues annually due to corruption, misappropriation of assets, or fraudulent financial reporting.

Program Focus

The program focuses on building the capacity of forensic accountants to:

• Detect and investigate financial crimes
• Analyze evidence in cases of corruption and economic crime
• Develop expertise in forensic accounting to support the judicial system

Expected Outcomes

The establishment of a forensic accounting profession in Serbia is expected to:

• Enhance the effectiveness of public institutions and state authorities in preventing and combating financial and economic crime
• Provide highly skilled professionals to support the judicial system
• Contribute to the development of a strong and reputable forensic accounting profession in the region