2019 Team Competition in Financial Accounting at UACS

2019 Team Competition in Financial Accounting at UACS

On December 10 2018, UACS held the annual Financial Accounting Competition. This competition is being held for the fifth time, and encompasses second-year students enrolled in the Finance and Banking and the Accounting and Audit study programs. 

Under the mentorship of Asst. Prof. Dusica Stevcevska–Srbinoska, PhD, the students presented projects on marketing and financial analysis of the Macedonian confectionery industry. The companies subject to bench-marking were Vitaminka AD Prilep, member of the UACS Business Council, the Nestlé Group, the Podravka Group and Evropa AD Skopje. The students applied the financial analysis methodology acquired in class for the purpose of interpreting the publicly disclosed annual consolidated reports of the companies, as well as for recommending and highlighting segments in need of improvement.

The competition itself was supported by Vitaminka AD Prilep. The company representatives, Sanja Vezenkoska and Marijana Bojkova, took an active role as committee members along with Assoc. Prof. Snezhana Hristova, PhD and Asst. Prof. Dusica Stevcevska-Srbinoska, PhD. Vitaminka also brought gifts for the participants, as well as awards for the winners.

With a successful story that started over 60 years ago, Vitamika has grown into a large Macedonian brand in the business world. Under the company’s slogan “world of tastes”, Vitaminka promotes a wide product range with approximately 350 types of packaging. Aside from the positive impact on the domestic economy, the company places its production in roughly 30 countries worldwide.