As of July 19th 2011 the qualification of “professional accountant”

was received by 1086 trainees.

Professional certification in accounting

0

500

1000

1500

2000

2500

2009 2009-2010 2009-2011

certified in 2011 (prognosis)

certified in 2010

certified in 2009397

2238

1188

num

ber

of

people

Southern

region

19%

Western

region

9%

Eastern

region

15%

Northern

region

57%

Over the last 2.5 years the Center has registered 2200 trainees for Professional

Accountant Certification Program

Scope of regions covered by the Certification Program

Southern

region

32%

Western

region

11 %

Eastern

region

10%

Central

region

7%

2009 2010

The Center’s share on the Kazakh certification market in the

field of Professional Accountant Certification

2009: 2 companies

on the

certification

market

2010: 9 companies

on the certification

market

Center11%

Market

Center33%

Market

Center

63%

Market

2011 (prognosis)

2011:13 companies

on the certification

market

Members of the advisory body

Over the period of its operation the advisory body the Center has proposed the following

initiatives:

Amendments to the qualifying requirements for professional accountants;

Amendments to the rules of accreditation for professional organizations of accountants

and professional accountants certification organizations.

Advisory body under the Ministry of Finance of the Republic of Kazakhstan –

advisory-negotiating body, taking part in the development of accounting and

financial management system

Representatives of

public agencies Representatives of accredited professional

organizations of accountants

Representatives of public

enterprises Private entrepreneurs

The Center

Financial Academy JSC

Continuing

professional education program

Number of qualifications/

Number of students

2009 - 2010

academic year

2010 - 2011

academic year

Number of qualifications 15 18

College 11 11

Academy 4 4

Master’s degree - 3

Number of students 2 187 2 072

College 2 054 1 403

Academy 133 608

Master’s degree - 61

Continuing professional education

at the Financial Academy JSC

• Implementation of a double degree system in professional development courses for employees of financial services of the SES member states

2012

•Distance learning

• Implementation of electronic courses of international organizations and development institutes

2013

• Implementation of a double degree system (Financial academy diploma and a foreign certificate of higher education in a separate program)

• Implementation of a double degree system

2014

Main lines of cooperation with foreign partners (educational

institutions and development institutes)

Improvement of public Image

Increase in competitive power

Growth of investment attractiveness

Increase in

students

and profit

2012 г.

2014

Other educational seminars and

consulting services

Distance learning

Tech. support service

Web-portal

sdo.ecmf.kz

Student

Coordinator

Tutor

The Center has

implemented distance

learning courses based on

state-of-the-art

information technologies

and its own programs in

the form of electronic

courses

Theory (lectures)

Intermediate testing (self-control tests)

Animations (demonstration of problem solving

procedures)

Accompanying sound / voice over

Video lectures (video guidelines) Simulations (controlled

animations)

Illustrations

(vector and bitmap graphics)

Extra materials

Structure of an electronic course

The courses are elaborated with the use of Adobe Flash animation technologies based on the Course Lab platform.

The whole of these elements allows complete,

totally clear and visual conveyance of material

to the students.

List of basic seminar topics

The public procurement legislation of the Republic of Kazakhstan, procurements of

the Group of Companies National Welfare Fund “Samruk-Kazyna”;

Labor legislation of the Republic of Kazakhstan;

Corporate income tax, VAT, personal income tax, social tax: calculation and

payment;

Organization of internal controls and internal audit;

Risk management in the real sector

Planning and analysis of financial and economic activities;

Budget legislation of the Republic of Kazakhstan:

budget execution

State internal control service

Effective sales

Seminars on public procurement

Student

The program of the seminar

on public procurement in

Kazakhstan was elaborated

jointly with the project of the

European Union on

Improvement of

competitiveness of public

procurement system in

Kazakhstan.

For the first time in

Kazakhstan a training

manual for customers and

suppliers on public

procurement was

elaborated by the Center

jointly with the project

of the European Union.

“Finansy Kazakhstana” magazine

Topics covered:

International Accounting Standards:

implementation of a new accounting system

based on IAS principles and accrual method at

public institutions

Workshop on public procurement.

Operation of Internet based government

procurement system

Application of Tax and Customs regulations

Training and retraining of professional

personnel in the field of audit, accounting and

taxation etc.

Shareholder

MF of RK

Shareholder

National bank of RK

Holding

JSC «Center» (management

company)

Growth prospects

Center for training, retraining

and professional development of

financial system specialists JSC is

ready for cooperation and sees its

main task in entering foreign

markets of educational services

for further expansion of its

business.

Thank you!

www.ecmf.kz