Certified Auditor

2022-05-05 - 12:13

Certified Auditor is that person whose experience, theoretical training and professional qualification has qualified the holder of the designation to be appointed for carrying out external audits of the entity's financial statements. Auditors carry out audits on the accounts of companies and public organizations. They ensure that the organizations' finances are sound and that all legal and financial reporting standards are met.

Certified Auditors benefit from the following skills and you are able to:

  • Introduce the application of professional values ​​and judgments through an ethical framework
  • Explain the role of the accountant in identifying and risk assessing
  • Discuss the professional and ethical obligations of the accountant
  • Give advice and report on the entity's financial performance
  • Discuss the implications of changes in accounting rules or financial reporting
  • Assess the performance and financial position of the entities
  • Assess the available organization’s strategic position and choices
  • Assess and re-design business procedures and structures to implement and support the organizational strategy
  • Provide advice on project management principles to enable the implementation of aspects of an organization's strategy
  • Understand the legal and regulatory environment and its impact on audit and security practices
  • Identify and formulate requirements for achieving audit task objectives and apply ISAs
  • Evaluate the findings and the results of the work carried out, prepare draft reports appropriate to the tasks


The Certified Auditor first must qualify as Certified Accountant at SCAAK.

Not all Certified Accountants are required or need to qualify as Certified Auditors, unless they choose a career in providing legal audits and related services. The Kosovo Financial Reporting Council (KCFR) licenses auditors in Kosovo and the role of SCAAK is to ensure that they are certified in accordance with International Education Standards, the EU's 8th Directive and best international practices. In recent years, education standards and professional practice requirements for Legal Auditors have been updated, so the new SCAAK qualification scheme aims to ensure that Kosovo auditors are qualified with the highest international standards.

To be trained for a Certified Auditor, you must first be a SCAAK member and have completed the Qualification for a Certified Accountant. Membership at this level is open to all professionals who work in accounting and auditing and who have completed the level for a Certified Accountant.

Entry Requirements

  • Qualification as Certified Accountants;
  • 600 hours of external audit work.

Syllabus for Certified Auditor

The Certified Auditor qualification training covers the following subjects and topics:

Subject 9: Advanced Financial Reporting

Brief description of content


Regulatory and Ethical Framework

  • financial reporting framework
  • professional and ethical duty of the accountant
  • environmental and social reporting

Accounting Standards

  • Tangible and intangible non current assets
  • Retirement benefits
  • Taxation
  • Financial instruments
  • Provisions, contingencies and events after the balance sheet date
  • Leases
  • Off balance sheet finance

Reporting financial performance

  • performance measures
  • ratio and trend analysis
  • reporting financial performance

Group Financial Statements

  • simple groups and fair value
  • associates and joint ventures
  • complex groups
  • changes in group structures
  • foreign currency translation
  • group cash flow statements

Reporting for specialized entities

Current and international developments in financial reporting

Subject 10: Advanced Auditing and Assurance

Brief description of content


Regulatory Environment

  • international regulatory framework for audit and assurance services

Professional and Ethical considerations

  • code of ethics and conduct
  • professional liability

Practice Management

  • quality control
  • obtaining and accepting professional appointments

Audit and assurance assignments

  • planning and risk assessment
  • evidence
  • evaluation and review including matters relating to specific and further accounting issues
  • group audits
  • related and other assurance services
  • prospective financial information
  • forensic audits
  • social and environmental auditing
  • internal auditing and outsourcing 
  • reports

Current issues and developments 

Subject 11: Analiza e Biznesit

Brief description of content


  • Business Strategy
  • Strategic lenses
  • PESTLE Analysis
  • National Competition
  • Competitive forces
  • Marketing and market segmentation
  • Industry life cycle
  • Chain of values, supply chain management
  • SWOT Analysis
  • Groups of interest
  • Culture and cultural network
  • Overall strategies and strategic opportunities
  • Product-market strategy
  • Growth methods
  • Parent corporations
  • Organizational Structure
  • Process-strategy matrix
  • Transfers
  • Business process re-design
  • Software choosing
  • Business models for electronic business
  • Electronic business downward supply chain management
  • Electronic business upward supply chain management
  • Relations with clients management
  • Electronic marketing
  • Quality control, quality assurance and quality management systems
  • Life cycle model V
  • Capability Maturity Model Integration (CMMI)
  • Six Sigma Initiative for Quality
  • Project Management
  • Finance
  • Performance measurement
  • Performance management and awards management
  • Labor projections
  • Strategic changes management
  • Strategy development

Subject 12: Professional Practice 

Përshkrim i shkurtër i përmbajtjes


Professional Values and Ethics

  • ethics and the public interest
  • ethics and professional practice
  • social and environmental issues

Corporate Governance and Responsibility

  • scope of corporate governance
  • approaches to corporate governance
  • corporate governance practice and reporting

Identifying, assessing and controlling risk

  • business risks
  • risk assessment
  • controlling risk
  • information requirements and reporting

Nature and role of KBSFR

Current requirements for financial reporting, auditing and auditors in Kosovo

Enterprise law

  • legal forms of business organization in Kosovo
  • requirements for registration, accounting, audit and returns for enterprises in Kosovo
  • obligations and duties of owners and appointed managers or directors relating to the formation and operation of enterprises
  • Taxation: nature, types, scope and administration in Kosovo
  • Taxation of individuals
  • Taxation of enterprises
  • Value added tax; requirements and compliance with same for enterprises in Kosovo

Legal implications relating to enterprises in difficulty or in crisis

  • insolvency and administration

Corporate Governance and ethical issues related to business

  • corporate governance
  • fraudulent behavior