Report on the Observance of Standards and Codes on Accounting and Auditing : Albania Update

Albania's remarkable economic transformation has been affected by the global financial crisis. The country's main challenges include maintaining macro-fiscal and financial sector sustainability, improving the investment climate and...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Vienna 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/602231581090011333/Albania-Report-on-the-Observance-of-Standards-and-Codes-on-Accounting-and-Auditing
http://hdl.handle.net/10986/33305
id okr-10986-33305
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spelling okr-10986-333052021-06-14T10:04:16Z Report on the Observance of Standards and Codes on Accounting and Auditing : Albania Update World Bank INTERNATIONAL FINANCIAL REPORTING STANDARDS ACCOUNTING STANDARDS AUDITING STANDARDS CORPORATE FINANCIAL REPORTING BANKING INSURANCE INVESTMENT FUNDS MICROENTERPRISES SMALL AND MEDIUM ENTERPRISES AUDITING OVERSIGHT Albania's remarkable economic transformation has been affected by the global financial crisis. The country's main challenges include maintaining macro-fiscal and financial sector sustainability, improving the investment climate and unleashing private sector growth, removing barriers to employment for job creation, and improving governance and public service delivery. Improving the business climate and addressing gaps in infrastructure and labor force skills are necessary to reap the early benefits of European Union (EU) accession and make Albania attractive for foreign direct investments. This report on the observance of standards and codes in accounting and auditing (ROSCA and A) seeks to assist with the further development of the financial reporting institutional framework in Albania. The report summarizes key findings, identifies gaps, and makes recommendations for consideration by the authorities to improve alignment with international standards and good practice. 2020-02-10T21:39:16Z 2020-02-10T21:39:16Z 2019-07 Report http://documents.worldbank.org/curated/en/602231581090011333/Albania-Report-on-the-Observance-of-Standards-and-Codes-on-Accounting-and-Auditing http://hdl.handle.net/10986/33305 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Vienna Economic & Sector Work :: Accounting and Auditing Assessment Economic & Sector Work Europe and Central Asia Albania
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INTERNATIONAL FINANCIAL REPORTING STANDARDS
ACCOUNTING STANDARDS
AUDITING STANDARDS
CORPORATE FINANCIAL REPORTING
BANKING
INSURANCE
INVESTMENT FUNDS
MICROENTERPRISES
SMALL AND MEDIUM ENTERPRISES
AUDITING OVERSIGHT
spellingShingle INTERNATIONAL FINANCIAL REPORTING STANDARDS
ACCOUNTING STANDARDS
AUDITING STANDARDS
CORPORATE FINANCIAL REPORTING
BANKING
INSURANCE
INVESTMENT FUNDS
MICROENTERPRISES
SMALL AND MEDIUM ENTERPRISES
AUDITING OVERSIGHT
World Bank
Report on the Observance of Standards and Codes on Accounting and Auditing : Albania Update
geographic_facet Europe and Central Asia
Albania
description Albania's remarkable economic transformation has been affected by the global financial crisis. The country's main challenges include maintaining macro-fiscal and financial sector sustainability, improving the investment climate and unleashing private sector growth, removing barriers to employment for job creation, and improving governance and public service delivery. Improving the business climate and addressing gaps in infrastructure and labor force skills are necessary to reap the early benefits of European Union (EU) accession and make Albania attractive for foreign direct investments. This report on the observance of standards and codes in accounting and auditing (ROSCA and A) seeks to assist with the further development of the financial reporting institutional framework in Albania. The report summarizes key findings, identifies gaps, and makes recommendations for consideration by the authorities to improve alignment with international standards and good practice.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Report on the Observance of Standards and Codes on Accounting and Auditing : Albania Update
title_short Report on the Observance of Standards and Codes on Accounting and Auditing : Albania Update
title_full Report on the Observance of Standards and Codes on Accounting and Auditing : Albania Update
title_fullStr Report on the Observance of Standards and Codes on Accounting and Auditing : Albania Update
title_full_unstemmed Report on the Observance of Standards and Codes on Accounting and Auditing : Albania Update
title_sort report on the observance of standards and codes on accounting and auditing : albania update
publisher World Bank, Vienna
publishDate 2020
url http://documents.worldbank.org/curated/en/602231581090011333/Albania-Report-on-the-Observance-of-Standards-and-Codes-on-Accounting-and-Auditing
http://hdl.handle.net/10986/33305
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