2021 Team Competition in Financial Accounting at UACS

On April 29, 2021, UACS held the annual Financial Accounting Competition. This competition took place for the sixth 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, 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. We would hereby like to congratulate the members of winning team of the 2021 UACS Financial Accounting Contest: Ana Marija Dimitrova, Kristina Jankulovska, Filip Eftimoski and Tamara Dimitrova.

The competition was supported by Vitaminka AD Prilep. The company representatives, Sanja Vezenkoska and Ivan Strezoski, CFO, took an active role as committee members along with Senior Research Fellow Jadranka Mrsik, PhD, and Asst. Prof. Dusica Stevcevska-Srbinoska, PhD.

With a success story that started over 60 years ago, Vitamika has grown into a large Macedonian brand. 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.