| FMS application for World Bank's Projects is intended for WB financed projects. This application is a necessary tool in the Project Implementation Units in order to provide project monitoring and reporting tool for defined list of reports for World Bank;
The FMS application for World Bank's Projects includes the following aspects:
o Flow of Funds
o Accounting System
o Chart of Accounts
o Formats of Books and Records
o Linkages between project expenditure and physical activities
o Preparation of budget
o Procurement and contract administration monitoring system
o Financial Reporting
FMS for World Bank's Projects is already approved by the World Bank, and is used by the following clients in Macedonia:
o Health Sector Management Project - Ministry of Health & Health Insurance Fund of Macedonia
o Public Sector Management Adjustment Loan Project - Ministry of Finance of Macedonia
o Social Protection Project - Ministry of Labor and Social Protection of Macedonia;
[ See the complete list of our projects ]
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