Abstract
This chapter provides a comprehensive overview of the organisation of the Federation of Bosnia and Herzegovina as one of two entities in the Bosnia and Herzegovina, and its territorial structure, as well as concise insights on the formulation and execution of central government and local and regional self-government budgets, on accounting and financial reporting methodology and on audit and other oversight (supervision) practice. The chapter also provides brief assessment of challenges and future development paths in public sector accounting and auditing that the Federation of Bosnia and Herzegovina is likely to face with, given Bosnia and Herzegovina’s clear prospect of joining the EU and its status of being a potential candidate country. Special attention is given to the challenge regarding transition to accruals.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
The last census was conducted in 2013 but due to methodological disagreements in data processing, the official data have not yet been published.
- 2.
Agencija za statistiku BiH.
- 3.
http://www.bhas.ba/obavjestenja/Preliminarni_hr.pdf (November 2013).
- 4.
Started in Dayton on 21 November 1995, and signed in Paris on 14 December 1995.
- 5.
- 6.
Official Gazette of FBiH stands for a public record titled Službeni novine Federacije BiH, in which all laws, regulations, decrees, appointments and official decisions passed in the Parliament or adopted by the Government are published in native language and released in the public domain: http://www.sluzbenilist.ba/Docs/index/fbih.
- 7.
The Washington Agreement is an agreement signed between Croats from Bosnia and Herzegovina (represented by the Republic of Croatia) and Bosniaks, i.e. belonging to the Republic of Bosnia and Herzegovina (Bosnians were dominant then in the government) on 18 March 1994 in Washington. A truce was agreed between the Croatian Defence Council and the Army of the Republic of Bosnia and Herzegovina. The internal organisation of the territory with the Bosnian and Croatian population in the Republic of Bosnia and Herzegovina has been transformed into the Federation of Bosnia and Herzegovina constitued by federal units, or cantons , that have equal rights and responsibilities.
- 8.
Official Gazette of BiH stands for a public record for Bosnia and Herzegovina titled Službeni glasnik BiH, in which all laws, regulations, decrees, appointments and official decisions passed in the Parliament or adopted by the Government are published in native language and released in the public domain: http://www.sluzbenilist.ba/Docs/index/bih.
- 9.
Such as the Law on the Indirect Taxation System in BiH, the Law on the Distribution of Public Revenues in the FBiH .
- 10.
Institutions of BiH, different agencies, ministries, administrations, offices.
- 11.
The population of the canton (57%), the surface area of the canton (6%), the number of pupils in primary education (24%), and the number of pupils in secondary education (13%).
- 12.
Official Gazette of FBiH stands for a public record titled Službeni novine Federacije BiH, in which all laws, regulations, decrees, appointments and official decisions passed in the Parliament or adopted by the Government are published in native language and released in the public domain: http://www.sluzbenilist.ba/Docs/index/fbih.
References
Cavanagh, J., Flynn, S., Moretti, D. (Eds.). (2016). Implementing Accrual Accounting in the Public Sector. International Monetary Fund. Fiscal Affairs Department.
OECD. (2016). Accrual Practices and Reform Experiences in OECD Countries Results of the 2016 OECD Accruals Survey. Journal on Budgeting, 16(1), 9–28.
Salkić, M., & Salkić, A. (2011). Računovodstvo proračuna i proračunskih korisnika. Sarajevo: FIN PROFI d.o.o.
Vašiček, V., et al. (2001). Proračun – Budžet. Sarajevo: Revicon.
Useful Sites
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG
About this chapter
Cite this chapter
Jurić, J., Letica, M. (2019). Public Sector Accounting, Auditing and Control in the Federation of Bosnia and Herzegovina. In: Vašiček, V., Roje, G. (eds) Public Sector Accounting, Auditing and Control in South Eastern Europe. Public Sector Financial Management. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-03353-8_6
Download citation
DOI: https://doi.org/10.1007/978-3-030-03353-8_6
Published:
Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-030-03352-1
Online ISBN: 978-3-030-03353-8
eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0)