Strategic Cont Expert provides public sector accounting services in Bucharest for public institutions and entities financed from public budgets. Budgetary accounting follows rules that are very different from commercial accounting and requires specific experience.
We work with the chart of accounts for public institutions, budget execution, commitments, payment procedures and reporting requirements connected to the Ministry of Finance, the Treasury and the Court of Accounts.
What public sector accounting includes
- Recording operations according to the chart of accounts for public institutions
- Tracking legal and budgetary commitments
- Accounting for personnel costs, goods, services, fixed assets and inventories
- Preparing monthly and annual budget execution reports
- Quarterly and annual financial statements according to public-sector rules
- Documentation for Court of Accounts reviews and audits
- Support for budget classification and expenditure classification
Who this service is for
- Town halls and local public services
- Educational and healthcare units
- Public institutions with primary, secondary or tertiary budget authorizing officers
- Entities with mixed public and private funding
- Organizations preparing for public-sector audit or control
How we work
We first review the institution’s reporting obligations, current accounting records and budget structure. Then we set a reporting calendar and document flow so monthly work, budget execution and audit preparation stay under control.
Frequently asked questions
Can a commercial accountant handle public-sector accounting?
Not always. Public-sector accounting uses different rules, classifications and reporting logic. Specific experience is important.
Do you help with Court of Accounts documentation?
Yes. We can prepare and organize accounting documentation required for reviews and controls.