Past Project

Training in International Accounting Standards and Financial Management for SMEs

Leonardo da Vinci project, Bulgaria, 2003-2005, BG/03/B/F/PP-166 025

The main goal of this project is to improve SMEs accounting and financial reporting in order to provide useful financial information to a wide range of users and reinforce the positive perceiving of accounting as a tool for management and evolution of small and medium-sized businesses.

The project is basically intended to improve the quality of and access to continuing vocational training and lifelong acquisition of skills and competencies for the target groups.

The training modules will be developed after a thorough study of the specific SMEs managers and accounting personnel training needs in the field of accounting, financial reporting and management.

The project is also directed to promoting and reinforcing of vocational training contribution to the process of innovation with a view to improving competitiveness and entrepreneurship.

The web-based training modules to be offered to SMEs managers and accounting personnel will stimulate the use of ICT in SMEs.

The management skills acquired by SMEs managers will help them to manage better the firms, to improve competitiveness and to develop adaptability of SMEs to technological and organizational changes.

Project objectives

• To satisfy the need of training materials meeting specific learning needs of SMEs managers and accounting personnel.
• To help to overcome competence shortage in SMEs by offering a suitable form of vocational training for SMEs managers and accounting personnel and through creating conditions for lifelong acquisition of necessary skills and competencies in non-formal settings.
• To improve the access of SMEs managers and accounting personnel to vocational training by using the potential of Internet and offering of web-based training modules and tutoring.
• To improve the quality of continuing vocational training for SMEs managers and accounting personnel through exchange of experience, good practices and information between partners from different countries and active co-operation between training organizations and SMEs.
• To forward the active use of ICT in vocational training - for design and development of training materials, as well as in the process of learning and in the communication between learners and trainers.
• To disseminate the project results among partners from different counties and different parties.

Target groups

• Managers
• Accounting personnel of small and medium-sized enterprises (SMEs) with a staff up to 100 people.

Contact Information

Professor Yanqing Duan
E: yanqing.duan@beds.ac.uk