Starting from 1 January 2016, financial accounting and reporting in the budgetary system are conducted in accordance with the new Chart of Accounts and Methodological Norms on accounting and financial reporting in the budgetary system approved by the Order of the Minister of Finance No. 216 of 28 December 2015. The new Chart of Accounts is integrated with the new economic classification of the budget.

The budgetary authorities/institutions, the National Office of Social Insurance and the National Health Insurance Company prepare and present financial statements on the basis of the Law on Accounting and in compliance with the normative acts approved by the Ministry of Finance.