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Financial and Economic Activities Directorate

Financial and Economic Activities Directorate organizes, implements and controls the financial and accounting activities of the Municipality of Varna in accordance with the legislation in force. It performs accounting of the revenues and expenditures of the Municipality of Varna under the Unified Budget Classification in accordance with the municipal budget and the Chart of Accounts for the Budgetary Entities. It is in charge of the preparation of the monthly and annual turnover reports, the annual financial report and annual balance sheet of Varna Municipality. It keeps the accounting documents according to the requirements of the Accountancy Act and the internal rules and instructions, organizes and carries out the annual inventory within the statutory terms.