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CFCD

The Center for Financial Control and Documentation (CFCD) aims to ensure proper and effective implementation of EU pre-accession assistance projects in Macedonia while respecting financial management and controls. CFCD commits itself to principles of honesty, integrity, respect, trust, openness, teamwork, professionalism and pride. It organizes its activities according to modern management principles with an efficient control system. CFCD achieves its goals by maintaining high quality standards, providing adequate staffing, ensuring ethical decision making, defining required competencies, identifying sensitive functions, clearly defining responsibilities, and recording and correcting weaknesses.

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47 views

CFCD

The Center for Financial Control and Documentation (CFCD) aims to ensure proper and effective implementation of EU pre-accession assistance projects in Macedonia while respecting financial management and controls. CFCD commits itself to principles of honesty, integrity, respect, trust, openness, teamwork, professionalism and pride. It organizes its activities according to modern management principles with an efficient control system. CFCD achieves its goals by maintaining high quality standards, providing adequate staffing, ensuring ethical decision making, defining required competencies, identifying sensitive functions, clearly defining responsibilities, and recording and correcting weaknesses.

Uploaded by

Anonymous EbmzWVcx6
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Mission statement

The main goal of CFCD is to ensures proper, effective and efficient implementation of the IPA
funded projects, while respecting the principles of sound financial management and adequate
controls. The effective use of EU pre-accession assistance in the Republic of Macedonia will
support the Country to align itself with the accession criteria on the road towards membership

CFCD commits itself to a set of principles based on core values of honesty, integrity, and respect
for people and the promotion of trust, openness, teamwork, professionalism and pride. CFCD
organises its activities in accordance with the principles of modern management which provides
for an efficient control system of the entire organisation, in close connection with the
importance, magnitude and complexity of the EU programmes performed under its own
authority.

CFCD successfully reaches what is set as its main goal trough the following:

 The management and staff aim for highest quality standards in all activities they manage
or perform;
 An adequate number of qualified staff is provided at all levels;
 Top management ensures that the established ethics and culture are understood
throughout the organisation, by providing clarity when making decisions;
 Staff competence – the management and staff define the knowledge and skills required
for each position, and review training needs in the context of the annual staff appraisal,
ensuring that identified training needs are met as soon as possible through training benefit
to the staff;
 Sensitive functions potentially open to undue influence that could be detrimental to the
Communities’ and national budget financial interests are identified and proper actions
through enhanced control and supervision are taken;
 Delegation – responsibilities and authority limits are clearly defined, assigned and
communicated in writing and delegation is appropriate to the importance of the decisions
to be taken and the risks involved, and no member of staff is in doubt as to the extent of
their responsibilities;
 Appropriate arrangements to ensure the continuity of operations at any moment are
established;
 Recording and correction of internal control weaknesses is applied.

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