Yu ISSN 1450 - 6114

RÂ UNOVODSTVO* *

Izdava~:"RA^UNOVODSTVO" d.o.o.

Suizdava~:Savez ra~unovo|a irevizora Srbije

Generalni sekretari glavni i odgovorni urednikdr Pero [kobi}

Wego{eva 19, Beograd, p. fah. 403info@srrs.org.rsOdgovorni urednik"Ra~unovodstva"mr Rada Stojanovi}

Lektormr Ana Bojanovi},

Tehni~ki urednikVitomir Savi}

REDAKCIONI ODBORAndri} dr Mirko, Aleksi} Bogoqub, Vukeli} dr Gordana, Ivani{evi} dr Milorad, Male{evi} dr \oko, Malini} dr Slobodan, Mili}evi} dr Vesna, Novi}evi} dr Blagoje, Rai~evi} dr Bo`idar, Stojanovi} mr Rada, Sekulovi} dr Bogdan, [kari} Jovanovi} dr Kata

IZ INOSTRANSTVAProf. Alexander Russell, ScotlandProf. Mieczyslaw Dobija, PolandProf. Frants Butynets, UkraineProf. Metka Tekavcic, SloveniaProf. Robert W. McGee, USProf. Serdar Ozkan, TurkeyProf. , Scotland eljko #evi%

Telefoni:Gen.sekretar 3239-444Odgovorni urednik 3344-883, 3344-887Uredni{tvo 3241-948Savetnici 3233-077, 3344-549 3345-043, 3345-329, 3345-429Kursevi 33-43-140, 33-43-215, 3231-549Marketing 3233-088El. vodi~ kroz posl. 3344-949, 3344-922Pretplata 3233-088, 3238-611Ra~unovodstvo 3344-405Slobodna telefonska linija (sugestije, reklamacije, komentari...) 33-45-001Telefaks (011) 3231-220, 3345-527E-mail: casopis@srrs.rsVojvo|anska banka A.D. 355-1040232-19

145-3232-76Centrobanka A.D.

Copyright © 1956, Savez RR Srbije Pre{tampavawe objavqenih tekstova nije dozvoqeno bez odobrewa izdava~a i navo|ewa izvora.Tekst ne mo`e biti reprodukovan snimawem, fotokopirawem, elektronski ili na drugi na~in, bez prethodne saglasnosti izdava~a

[tampa:Kosmos, Beograd, Svetog Save 16-18

CIP – Katalogizacija u publikacijiNarodna biblioteka Srbije, Beograd657 RA^UNOVODSTVO : ~asopis za ra~unovodstvo, reviziju i poslovne finansije /glavni i odgovorni urednik dr Pero [kobi}; odgovorni urednik mr Rada Stojanovi}. – God.43,br. 1 (januar 1998)–. – Beograd : Ra~unovodstvo: Savez ra~unovo|a i revizora Srbije, 1998 – (Beograd : Kosmos). – 29 cmMese~no. - Je nastavak: Kwigovodstvo (}irili~no izd.)= ISSN 0023-2394ISSN 1450–6114 = Ra~unovodstvo

COBISS.SR–ID 139739399

Sadr`aj

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Contents

FINANCIAL-ACCOUNTING# Drazenko#Lukac#MSc CASH-FLOW-STATEMENT:-INFORMATION-POWER-AND-RISKS- . . . . 3# Ljubica#GAJIC,#PhD !"#$%&'(&) *+,!-. /01 213'3451%- MODERN-TRENDS-OF-FINANCIAL-REPORTING- BY-BUSINESS-SEGMENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

MANAGEMENT-ACCOUNTING Vesna#JANJIC#PhD# Dejan#JOVANOVIC#,#MSc#Economics ACCOUNTING-INFORMATION-SUPPORT- TO-TIME-MANAGEMENT-AS-A-FUNCTION-OF-- COMPANY-COMPETITIVENESS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28# Predr%g#M.#MARJANOVIC#PhD# Br%nko#Z.#LJUTIC#PhD PRACTICAL-APPLICATION-OF-CVP-MODEL . . . . . . . . . . . . . . . . . . . . . 38

AUDIT Boj%n%#VUKOVIC#MSc#Economics Mirko#ANDRIC#PhD BASIS-FOR-AUDIT-OPINION-- ON-CONSOLIDATED-FINANCIAL-STATEMENTS . . . . . . . . . . . . . . . . . . 51# Milorad#STOJILKOVIC,#PhD PUBLIC-FINANCE-REFORM-IN-SERBIA-- AND-STATE-AUDIT-INSTITUTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62# Marina#GAVRILOVIC#PhD- RISK-OF-FRAUD-IN-FINANCIAL-STATEMENTS- AND-AUDITOR’S-RESPONSIBILITY- . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71

PUBLIC-FINANCE# Gordana#JEVDJOVIC,#MSc#Economics FISCAL-CONSOLIDATION-IN-SERBIA---DIFFICULT-JOURNEY-- FROM-PROCLAMATION-TO-REALIZATION . . . . . . . . . . . . . . . . . . . . . . 80# Radovan#DAMJANOVIC,#PhD# Slobodan#ANDZIC,#PhD#- COMPARATIVE-VIEW-OF-DIFFERENT-CONCEPTS-OF-- BUDGET-PLANNING-AND-PREPARATION- . . . . . . . . . . . . . . . . . . . . . . 89

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