diff --git a/contracts/0.4.24/Lido.sol b/contracts/0.4.24/Lido.sol
index c2e0d69f8..4164ce2d1 100644
--- a/contracts/0.4.24/Lido.sol
+++ b/contracts/0.4.24/Lido.sol
@@ -586,7 +586,7 @@ contract Lido is Versioned, StETHPermit, AragonApp {
      * @dev can be called only by accounting
      */
     function mintShares(address _recipient, uint256 _amountOfShares) public {
-        require(msg.sender == getLidoLocator().accounting() || msg.sender == getLidoLocator().vaultHub(), "APP_AUTH_FAILED");
+        _auth(getLidoLocator().accounting());
         _whenNotStopped();
 
         _mintShares(_recipient, _amountOfShares);
@@ -614,12 +614,14 @@ contract Lido is Versioned, StETHPermit, AragonApp {
      * @notice Mint shares backed by external ether sources
      * @param _recipient Address to receive the minted shares
      * @param _amountOfShares Amount of shares to mint
-     * @dev Can be called only by accounting (authentication in mintShares method).
+     * @dev Can be called only by VaultHub
      *      NB: Reverts if the the external balance limit is exceeded.
      */
     function mintExternalShares(address _recipient, uint256 _amountOfShares) external {
         require(_recipient != address(0), "MINT_RECEIVER_ZERO_ADDRESS");
         require(_amountOfShares != 0, "MINT_ZERO_AMOUNT_OF_SHARES");
+        _auth(getLidoLocator().vaultHub());
+        _whenNotStopped();
 
         uint256 newExternalShares = EXTERNAL_SHARES_POSITION.getStorageUint256().add(_amountOfShares);
         uint256 maxMintableExternalShares = _getMaxMintableExternalShares();
@@ -628,7 +630,10 @@ contract Lido is Versioned, StETHPermit, AragonApp {
 
         EXTERNAL_SHARES_POSITION.setStorageUint256(newExternalShares);
 
-        mintShares(_recipient, _amountOfShares);
+        _mintShares(_recipient, _amountOfShares);
+        // emit event after minting shares because we are always having the net new ether under the hood
+        // for vaults we have new locked ether and for fees we have a part of rewards
+        _emitTransferAfterMintingShares(_recipient, _amountOfShares);
 
         emit ExternalSharesMinted(_recipient, _amountOfShares, getPooledEthByShares(_amountOfShares));
     }
diff --git a/contracts/0.8.25/Accounting.sol b/contracts/0.8.25/Accounting.sol
index 0da4dec23..592112a5e 100644
--- a/contracts/0.8.25/Accounting.sol
+++ b/contracts/0.8.25/Accounting.sol
@@ -341,7 +341,7 @@ contract Accounting {
         );
 
         if (_update.totalVaultsTreasuryFeeShares > 0) {
-            LIDO.mintExternalShares(LIDO_LOCATOR.treasury(), _update.totalVaultsTreasuryFeeShares);
+            _contracts.vaultHub.mintVaultsTreasuryFeeShares(LIDO_LOCATOR.treasury(), _update.totalVaultsTreasuryFeeShares);
         }
 
         _notifyRebaseObserver(_contracts.postTokenRebaseReceiver, _report, _pre, _update);
diff --git a/contracts/0.8.25/vaults/VaultHub.sol b/contracts/0.8.25/vaults/VaultHub.sol
index e9034b81e..604a89c1f 100644
--- a/contracts/0.8.25/vaults/VaultHub.sol
+++ b/contracts/0.8.25/vaults/VaultHub.sol
@@ -74,7 +74,7 @@ contract VaultHub is PausableUntilWithRoles {
 
     /// @notice Lido stETH contract
     IStETH public immutable STETH;
-    address public immutable accounting;
+    address public immutable ACCOUNTING;
 
     /// @param _stETH Lido stETH contract
     /// @param _connectedVaultsLimit Maximum number of vaults that can be connected simultaneously
@@ -85,7 +85,7 @@ contract VaultHub is PausableUntilWithRoles {
         if (_relativeShareLimitBP > TOTAL_BASIS_POINTS) revert RelativeShareLimitBPTooHigh(_relativeShareLimitBP, TOTAL_BASIS_POINTS);
 
         STETH = _stETH;
-        accounting = _accounting;
+        ACCOUNTING = _accounting;
         CONNECTED_VAULTS_LIMIT = _connectedVaultsLimit;
         RELATIVE_SHARE_LIMIT_BP = _relativeShareLimitBP;
 
@@ -363,27 +363,27 @@ contract VaultHub is PausableUntilWithRoles {
     /// @notice Forces validator exit from the beacon chain when vault is unhealthy
     /// @param _vault The address of the vault to exit validators from
     /// @param _pubkeys The public keys of the validators to exit
-    /// @param _refundRecepient The address that will receive the refund for transaction costs
+    /// @param _refundRecipient The address that will receive the refund for transaction costs
     /// @dev    When the vault becomes unhealthy, anyone can force its validators to exit the beacon chain
     ///         This returns the vault's deposited ETH back to vault's balance and allows to rebalance the vault
     function forceValidatorExit(
         address _vault,
         bytes calldata _pubkeys,
-        address _refundRecepient
+        address _refundRecipient
     ) external payable {
         if (msg.value == 0) revert ZeroArgument("msg.value");
         if (_vault == address(0)) revert ZeroArgument("_vault");
         if (_pubkeys.length == 0) revert ZeroArgument("_pubkeys");
-        if (_refundRecepient == address(0)) revert ZeroArgument("_refundRecepient");
+        if (_refundRecipient == address(0)) revert ZeroArgument("_refundRecipient");
         if (_pubkeys.length % PUBLIC_KEY_LENGTH != 0) revert InvalidPubkeysLength();
         _requireUnhealthy(_vault);
 
         uint256 numValidators = _pubkeys.length / PUBLIC_KEY_LENGTH;
         uint64[] memory amounts = new uint64[](numValidators);
 
-        IStakingVault(_vault).triggerValidatorWithdrawal{value: msg.value}(_pubkeys, amounts, _refundRecepient);
+        IStakingVault(_vault).triggerValidatorWithdrawal{value: msg.value}(_pubkeys, amounts, _refundRecipient);
 
-        emit ForceValidatorExitTriggered(_vault, _pubkeys, _refundRecepient);
+        emit ForceValidatorExitTriggered(_vault, _pubkeys, _refundRecipient);
     }
 
     function _disconnect(address _vault) internal {
@@ -490,7 +490,7 @@ contract VaultHub is PausableUntilWithRoles {
         uint256[] memory _locked,
         uint256[] memory _treasureFeeShares
     ) external {
-        if (msg.sender != accounting) revert NotAuthorized("updateVaults", msg.sender);
+        if (msg.sender != ACCOUNTING) revert NotAuthorized("updateVaults", msg.sender);
         VaultHubStorage storage $ = _getVaultHubStorage();
 
         for (uint256 i = 0; i < _valuations.length; i++) {
@@ -522,6 +522,11 @@ contract VaultHub is PausableUntilWithRoles {
         }
     }
 
+    function mintVaultsTreasuryFeeShares(address _recipient, uint256 _amountOfShares) external {
+        if (msg.sender != ACCOUNTING) revert NotAuthorized("mintVaultsTreasuryFeeShares", msg.sender);
+        STETH.mintExternalShares(_recipient, _amountOfShares);
+    }
+
     function _vaultAuth(address _vault, string memory _operation) internal view {
         if (msg.sender != OwnableUpgradeable(_vault).owner()) revert NotAuthorized(_operation, msg.sender);
     }
@@ -558,7 +563,7 @@ contract VaultHub is PausableUntilWithRoles {
     event BurnedSharesOnVault(address indexed vault, uint256 amountOfShares);
     event VaultRebalanced(address indexed vault, uint256 sharesBurned);
     event VaultProxyCodehashAdded(bytes32 indexed codehash);
-    event ForceValidatorExitTriggered(address indexed vault, bytes pubkeys, address refundRecepient);
+    event ForceValidatorExitTriggered(address indexed vault, bytes pubkeys, address refundRecipient);
 
     error StETHMintFailed(address vault);
     error AlreadyHealthy(address vault);
diff --git a/contracts/0.8.9/LidoLocator.sol b/contracts/0.8.9/LidoLocator.sol
index 8bf1bfa64..2ce2f6113 100644
--- a/contracts/0.8.9/LidoLocator.sol
+++ b/contracts/0.8.9/LidoLocator.sol
@@ -35,6 +35,7 @@ contract LidoLocator is ILidoLocator {
 
     error ZeroAddress();
 
+    //solhint-disable immutable-vars-naming
     address public immutable accountingOracle;
     address public immutable depositSecurityModule;
     address public immutable elRewardsVault;
@@ -52,6 +53,7 @@ contract LidoLocator is ILidoLocator {
     address public immutable accounting;
     address public immutable wstETH;
     address public immutable vaultHub;
+    //solhint-enable immutable-vars-naming
 
     /**
      * @notice declare service locations
diff --git a/test/0.8.25/vaults/vaulthub/vaulthub.forceExit.test.ts b/test/0.8.25/vaults/vaulthub/vaulthub.forceExit.test.ts
index 226b3c01f..a7771e14e 100644
--- a/test/0.8.25/vaults/vaulthub/vaulthub.forceExit.test.ts
+++ b/test/0.8.25/vaults/vaulthub/vaulthub.forceExit.test.ts
@@ -130,7 +130,7 @@ describe("VaultHub.sol:forceExit", () => {
     it("reverts if zero refund recipient", async () => {
       await expect(vaultHub.forceValidatorExit(vaultAddress, SAMPLE_PUBKEY, ZeroAddress, { value: 1n }))
         .to.be.revertedWithCustomError(vaultHub, "ZeroArgument")
-        .withArgs("_refundRecepient");
+        .withArgs("_refundRecipient");
     });
 
     it("reverts if pubkeys are not valid", async () => {