National Competition audit for students “Young auditor – 2015.”

June 12, 2015

The competition “Young auditor” is organized for the fourth consecutive year by the Higher School of Insurance and Finance (VUZF) together with specialized auditing companies “HLB Bulgaria” LTD and “Zaharinova and Partners” LTD. The aim of the competition is to be promoted audit profession among young people, and focus on the role of audit in business and society as a whole.Among the official guests of the event, took an active part in the award ceremony were Mrs. Menda Stoyanova, Chair of the Budget and Finance Committee in the National Assembly, Mr. Biser Petkov, Manager of the Institute, Mrs. Diana Yordanova deputy. Chairman of the committee on budget and finance, Mr. Tsvetan Tsvetkov, president of the court, Ms. Merry Karaivanova, deputy governor of the institute, Ms. Vania Donev, chairman of the commission for public oversight of Statutory Auditors, Mr. Victor Trifonov, general secretary of the commission for public oversight of statutory auditors, Mr. Boyko Kostov, chairman of the Institute of chartered accountants (ICPA), Mr. Velin Filipov, deputy chairman of the ICPA, Mrs. Stefka Stoeva constitutional judge.
As part of the event, the president of the court of auditors Mr. Tsvetan Tsvetkov presented the new law on the court and revealed the mechanisms for interaction with other national bodies. The discussion was focused around the scope of the court and its cooperation with the authorities in combating crime and corruption.
Participation in National Competition “Young auditor – 2015” took 99 students from 10 universities in the country. Most participants had registered by the World Economy (32), followed by the Academy “D. Tzenov “- Svishtov (19) and the Higher School of Insurance and Finance (18). The second phase, solve the test were allowed 81 participants, 33 men (41%) and 48 women (59%). By the third stage, case studies, were allowed passed the test with more than 60% correct answers (test at least 13 correct answers). “Audit procedures for verification of property, plant and equipment” was the theme of the case in which reasoned all contestants.This year’s awards for finalists were more challenging of last year.

First place in the National Competition audit for students “Young auditor – 2015” won Georgi Stoyanov World Economy. The winner receives an intern in companies co-organizers of the competition – “HLB Bulgaria” LTD and “saccharine and Partners” Ltd. for a period of one month. The winner received a cash prize of 2,000 lev, as well as a plaque and certificate of participation. The award was presented by Mrs. Menda Stoyanova.

Second place was awarded to Martin Stoev VUZF who also gets an intern in both audit companies for a period of one month, a cash prize of 1,000 lev, as well as a plaque and certificate of participation. The award was presented by Mr. Biser Petkov.
Third place was reserved for Anita Emilova VUZF. The student gets the opportunity to experience a period of one month, a cash prize of 500 lev a plaque and certificate of participation. The award was handed Mr. Boyko Kostov.
The ceremony this year and were awarded three honorary prizes for participants with the most original ideas in solving the case. The awards were granted by the Higher School of Insurance and Finance in annual scholarships in the amount of 25% and 20% of the fee for the entire one-year Master’s degree programs of the university, teaching in Bulgarian.
Special prizes were awarded to Joy Racheva (World Economy). The award gave her Assoc. Prof. Grigoriy Vazov, Rector VUZF.
The second incentive award was given to Mila Georgieva (Business Academy “DATzenov” – Svishtov) awards in January Ms. Vania Doneva.
Third encouragement award went to Evtimia Bahchevanova (VUZF).
More information can be found on the website of the competition: http://mladoditor.vuzf.bg/.
Media partners of the event are: magazine. “Economics” in. “Insurer Press” Agency “CROSS”, Inews.bg, Klassa.bg

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