This chapter provides an analytical overview of Montenegro’s public sector accounting, reporting, auditing, and control framework. It outlines the territorial organisation and fiscal structure, presenting the legal and institutional context defined by the Constitution and key budgetary laws. Emphasis is placed on the implementation of programme-based budgeting, fiscal decentralisation challenges, and the ongoing transition towards accrual accounting in line with EU accession commitments. The chapter discusses financial and non-financial reporting practices, including progress in adopting IPSAS-aligned standards and gender-responsive budgeting. It also highlights the roles of the State Audit Institution and internal audit mechanisms under the public internal financial control framework. Finally, the chapter identifies structural and capacity-related challenges that affect the efficiency, transparency, and digitalisation of Montenegro’s public finance management system.