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

World Bank

World Bank, Vienna

关键词: INTERNATIONAL FINANCIAL REPORTING STANDARDS;    ACCOUNTING STANDARDS;    AUDITING STANDARDS;    CORPORATE FINANCIAL REPORTING;    BANKING;   

RP-ID  :  145850

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Albania's remarkable economictransformation has been affected by the global financialcrisis. The country's main challenges includemaintaining macro-fiscal and financial sectorsustainability, improving the investment climate andunleashing private sector growth, removing barriers toemployment for job creation, and improving governance andpublic service delivery. Improving the business climate andaddressing gaps in infrastructure and labor force skills arenecessary to reap the early benefits of European Union (EU)accession and make Albania attractive for foreign directinvestments. This report on the observance of standards andcodes in accounting and auditing (ROSCA and A) seeks toassist with the further development of the financialreporting institutional framework in Albania. The reportsummarizes key findings, identifies gaps, and makesrecommendations for consideration by the authorities toimprove alignment with international standards and good practice.