ULOGA RAČUNOVOĐA U SPREČAVANJU PRANJA NOVCA
THE ROLE OF THE ACCOUNTANT IN PREVENTING MONEY LAUNDERING

Summary/Abstract: Legalization of illegally obtained income, money laundering is an extremely negative social phenomenon, represented both on a national and international scale. The inclusion of illegally acquired income in legal financialflows not only undermines the economic and monetary system, but also undermines the political stability andsecurity of the state. The concern about money laundering has become one of the main preoccupations ofgovernments and financial sector regulatory bodies around the world. One of the state's responses to thisnegative phenomenon is an effective system for combating money laundering and terrorist financing. A systemcharacterized by partnership between the private and public sectors, coordination and cooperation betweencompetent state authorities and all its participants/obligors. The accounting profession plays an important rolein the financial system by facilitating transactions that support the nation's economy. Accountants are obligedto apply and observe the measures and actions prescribed by law related to the prevention of moneylaundering, thereby ensuring that their services are not used for criminal purposes. The aim of this paper is toexpand the spectrum of knowledge about the phenomenon of money laundering and to point out the significantrole of accountants in a complex and dynamic process such as the prevention of money laundering

• Details
• Contents