INTERNATIONAL EXPERIENCES IN COOPERATIVE AUDIT AND LESSONS FOR SERBIA

Authors

  • Vladimir Zaki?, PhD University of Belgrade, Faculty of Agriculture, Zemun – Belgrade
  • Marija Nikoli?, PhD University of Belgrade, Faculty of Agriculture, Zemun – Belgrade
  • Vlado Kova?evi?, PhD Institute for Agricultural Economics, Belgrade

DOI:

https://doi.org/10.5937/ekoPolj1803111Z

Keywords:

cooperative audit, cooperatives, European experiences, Serbia

Abstract

Basic characteristics of cooperative audit, its role in preservation of cooperative nature and promotion of cooperatives are analyzed in the paper. The aim of this paper is to propose measures to improve cooperative audit in Serbia based on the review of good practice in European countries.

The development stages of cooperative audit, from the creation of first cooperatives in Europe until today, have been examined using the historical method, with particular emphasis on the legislative framework that regulated this field. The comparative method was used to determine the differences between individual solutions, emphasizing their advantages and disadvantages, as well as the potential impact on the development of cooperatives.

The research suggests that there are different solutions, from the absence of cooperative audit, to its inclusion in the cooperative life cycle, starting from its establishment. Although legislative framework in Serbia foresee cooperative audit, this process needs to be significantly improved.

Downloads

Download data is not yet available.

References

1. Avsec F., Modic, D. (2008). Cooperative auditing in Slovenia: a brief survey of the past and the present regulations. World congress of accounting historians (WCAH): program and abstracts, pp. 1329-1337.
2. Avsec, F., Žerjav, P. (2010). European Cooperative Society and Recent Developments of Cooperative Legislation in Slovenia. Retrieved from http://www.cressrhone-alpes.org/cress/IMG/pdf/Avsec_Czerjav_pap.pdf (March 17, 2017).
3. Bono, P. (2012). Support for Farmers Cooperatives; Country Report Italy. Wageningen: Wageningen UR, Netherlands.
4. Comité Général de la Coopération Agricole – COGECA (2015). Development of Agricultural Cooperatives in EU, 2014. European Agri-Cooperatives, Brussels. Retrieved from http://zadruge.coop/upload_data/site_fles/development-of-agricultural-cooperatives-in-the-eu_2014.pdf (March 15, 2017).
5. Cracogna, D., Fici, A., Henrÿ, H., eds. (2013). International Handbook of Cooperative Law, Springer & Еuricse, New York, USA.
6. Henrÿ, H. (2012). Guidelines for Cooperative Legislation, third, revised edition. International Labour Office, Geneva, Switzerland.
7. Kühl, R. (2012). Support for Farmers Cooperatives; Country Report Austria. Wageningen, Wageningen UR, Netherlands.
8. Matczak, P. (2012). Support for Farmers Cooperatives; Country Report Poland. Wageningen: Wageningen UR.
9. Nikolić, M. (2009). Evolution of cooperative legislation in Europe. Serbian Association of Agricultural Economists, Belgrade, Serbia. [in Serbian: Николић, М. (2009), Еволуција задружног законодавства у Европи].
10. Nikolić, M., Arsenijević, J. (2015). Comparison of the laws on cooperatives in the Republic of Serbia and its neighboring countries, LIMEN 2015, Leadership and management – state, company, entrepreneur, Belgrade, Serbia, 241-249. [in Serbian: Николић, M., Арсенијевић, Ј. (2015), Компарација закона о задругама у Републици Србији и земљама у окружењу].
11. Parker, F., Cowan, H. (1944). Cooperative Associations in Europe and Their Possibilities for Post-War Reconstruction. United States Department of Labor, Bureau of Labor Statistics, Bulletin No. 770, Washington, D. C, USA.
12. Spreckley, F. (2013). Co-operative Accounting and Audit Toolkit. Local Livelihoods, Herefordshire, UK.
13. Zakić, V., Kovačević, V. (2015). Signifcance of cooperative audit for the cooperative sector in Serbia. Revizor 18(72), 79-89. [in Serbian: Закић, В., Ковачевић, В. (2015), Значај задружне ревизије за развој задружног сектора у Србији].

Downloads

Published

2018-09-23

How to Cite

Zakić, V., Nikolić, M., & Kovačević, V. (2018). INTERNATIONAL EXPERIENCES IN COOPERATIVE AUDIT AND LESSONS FOR SERBIA. Economics of Agriculture, 65(3), 1111–1122. https://doi.org/10.5937/ekoPolj1803111Z

Most read articles by the same author(s)

1 2 3 > >>