Representatives of the Ministry of Finance took part in the Sixth PEM PAL Conference Internal Audit Community of Practice for East Europe and Central Asia.

Representatives of the Ministry of Finance took part in the Sixth plenary meeting of PEMPAL Audit Community of Practice, which was held in Yalta in Ukraine in the period 25 - 28 May. The objective of the meeting was to exchange ideas, techniques, practices and problems in the field of internal auditing among member countries of the PEMPAL community, while the main topics were the certification of auditors, cooperation between external and internal audit, assessment of internal audit and inspection and audit. The process of establishing the PIFC system is very complex and time consuming, and for its implementation the involvement of employees in central Harmonization Unit is not enough, it requires the involvement of all employees participating in the establishment and implementation of this system, especially managers and employees involved in the budget planning and execution. PEMPAL community consists of 22 countries from Europe and Central Asia, and it was attended by representatives from 19 countries, including representatives of the Ministry of Finance of Montenegro, Ms. Maja Bašic and Stoja Roćenović. This community contributes to its members to be updated with the changes in the establishment and development of internal audit and provides assistance to Member States to reflect their own practice and to promote mutual exchange of experience.