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The need for constant control of financial assets and related financial statements is a process that poses significant challenges. They are reflected both in the rules and in the different methodological approach whose implementation depends on many factors, primarily on the knowledge and experience of auditors who transfer their knowledge and experience to others. Once adopted, the report must not have elements of rigidity, because possible corrections in the perspective may indicate the shortcomings of the previous ones. In order for the auditor's reports to be adequate, the auditor's communication with the audited entities, i.e. its representatives, must be adequate. The ways of communication and data collection will be discussed in the paper itself. The reliability of the evidence collected by auditors depends on the method of data collection, which will also be one of the issues considered in the paper. The application of various methods of testing internal control depends on the conditions of their application.

Investing in capital projects accelerates the development of business entities and increases the effectiveness of business. The Aim is to invest in the appropriate new growth and development with less cost. In order to pay the investment to pay off, you must take care of the selection of the project type and purpose and the source It will be funded from. The Development of science has followed the needs of business, but since the connection between science and practice should be mutual, business entities have practically implemented scientific achievements and provide feedback to science. Thanks to this relationship, science has come to the indicators that facilitate business entities, including the beneficiaries of budget funds, to make regular decisions when choosing projects to invest in. The Proper selection of capital investments is the starting point of further activity of each beneficiary budget, which should positively affect economic growth and development, as well as to satisfy the general and common needs of society.

The working legal status of teachers in the higher education system is a multidimensional problem. Although often the legal system is moving away from mathematics, so that mathematics is not studied in law studies, in this case the mathematical relations using the Boolean algebra represent the basis for resolving problems regarding the status of teachers. Assumptions that can be taken from the normative acts, establish a relationship among themselves and as a result, a solution to this problem can be found, which will be presented in the paper.

Circumstances, which include international trade intensification, development of various forms of business cooperation outside national borders-co-production, transfer of technology, joint ventures, strategic alliances, direct foreign investments, and dynamic changes in the business environment, require the management of a company to change their focus, from a local to a global approach. Multinational companies are business leaders in a global framework. The aim of this paper is to highlight the key challenges that multinational companies face when translating foreign currency transactions and the financial statements of foreign business operations for the purpose of compiling consolidated financial statements. In addition, the paper examines whether the chosen functional currency and the exchange rate can be viewed as instruments of their financial reporting policy. Intenziviranje međunarodne trgovine, razvoj različitih oblika poslovne saradnje van nacionalnih granica - koprodukcija, transfer tehnologije, zajednička ulaganja, strategijske alijanse, strane direktne investicije, kao i dinamične promene poslovnog okruženja, zahtevaju da menadžment preduzeća preusmeri poslovno razmišljanje sa lokalnog na globalni pristup. Multinacionalne kompanije predstavljaju nosioce poslovanja u globalnim okvirima. Cilj rada je da ukaže na ključne izazove sa kojima se menadžment multinacionalnih kompanija suočava prilikom prevođenja transakcija u stranoj valuti i finansijskih izveštaja inostranog poslovanja za potrebe sastavljanja konsolidovanih finansijskih izveštaja. Dodatno, u radu se istražuje da li je izbor funkcionalne valute i kursa razmene moguće posmatrati kao instrumente politike finansijskog izveštavanja.

Establishment of a rational management of assets made available to the users of public resources represents the basic task of the financial function of every accounting information system. Spending units realize their financial-accounting function through an unique consolidated treasury account, by which the starting point for setting up a financial discipline is made. In this respect the need for maintaining permanent solvency of the account appears, in order to timely execute the liabilities created on the account of the spending units. In this paper we will deal with a model of tracking and establishing an adequate system for maintaining the solvency of the spending units, as well as the methodology for grading investment projects in the public sector.