Dear members, colleagues and partners
I wish all of you and your relatives are in good health in these uncertain times.
We are in a situation like never before. The COVID-19 is a threat to our health and to all those around us, and the best way to deal with this situation besides advice from health institutions is social distancing. However, this distancing does not mean complete disruption or interruption of our activities. Now more than ever we find it important to stay in constant touch with our members and associates and share experiences with each other through virtual communication.
For us as professionals, it is important to offer our expertise to meet the demands of businesses knowing that this situation is causing an economic crisis and businesses will need business structuring advice, cash flow forecasts, advices on tax or credit matters.
Taking into consideration the impact of COVID-19 on the profession and the economy in general, we as a professional society have opened a portal on our website that will enable the sharing of articles, opinions and other information by our members and associates, international federations and professional organizations, in the face of the current situation.
I hope that together we can handle this situation as easily as possible.
1) Postponement of the deadline for submission of annual financial statements of enterprises On 18.03.2020, the Ministry of Finance and Transfers has published the Decision to postpone the deadline for the submission of statements and annual financial statements for all enterprises in...2021-04-10 - 01:00 Read more
Kosova is not the only country that is going through an economic crisis effected by COVID-19 Pandemic, this situation is present all over the world. In particular, this crisis is affecting micro, small and medium-sized enterprises (SMEs), which are facing huge losses. In every country, economic...2021-04-09 - 01:34 Read more
Published by: IFAC IFAC Calls on the G20 to Stay Focused on the Future in the Global COVID-19 Response The challenges raised by COVID-19 are unprecedented in the modern era; so too have been the responses from G20 governments. The short-term focus on the pandemic has been rightfully all...2020-07-23 - 02:21 Read more
Published by: GAP INSTITUTE GAP Institute published the report "The impact of COVID-19 pandemic on the Kosovo budget". The purpose of this report is to present the impact of the crisis caused by the COVID-19 pandemic on revenues, expenditures and the fiscal deficit of...2020-07-08 - 02:32 Read more
Published by: GAP INSTITUTE The GAP Institute has analyzed the early impact of COVID-19 pandemics on the labor market and the impact of government intervention measures on mitigating unemployment risks. To access the Report, click HERE2020-07-08 - 02:28 Read more
Published by: GAP INSTITUTE The undertaking of measures to slow the spred of COVID-19 pandemic has affected the work dynamics in all municipalities of Kosovo. Local government has played an active role in taking measures to prevent the spread of the virus. All Kosovo municipalities...2020-07-08 - 02:23 Read more
Published by: GAP INSTITUTE GAP Institute published the report "Kosovo budget priorities before the COVID-19 pandemic". The purpose of this report is to make an ex-post analysis of the approved budget allocations for 2020, before the COVID-19 pandemic hit. Due to delays in...2020-07-08 - 02:01 Read more
Published by: IFAC Globally the COVID-19 crisis is causing huge financial implications for many organizations, as well as exposing them to a variety of other emerging risks related to virtual operations, cybersecurity, and changes in...2020-05-31 - 02:00 Read more
Published by: IFAC To say that the coronavirus (or Covid-19) pandemic is one of the major catastrophes of the 21st century may not be an exaggeration. Members of the IFAC SMP Committee (SMPC) recently shared their experiences about how Small Firms and Professional Accountancy...2020-05-28 - 12:42 Read more
Published by: IFAC These extraordinary circumstances offer small- and medium-sized practices (SMPs) significant opportunities to adapt and service a rapidly changing world. IFAC has developed thought leadership on practice transformation, focused on how SMPs can embrace change, leverage...2020-05-19 - 01:47 Read more
Published by: AICPA AICPA Chief Auditor Bob Dohrer provides advice on remote auditing and inventory observation during the coronavirus pandemic. To access the Video, click HERE2020-05-04 - 01:01 Read more
Published by: The South African Institute of Chartered Accountants Leading in unprecedented times Crises inadvertently create opportunity. Challenges and crises have the potential to ignite our greatest ideas, creative thoughts and leadership decisions as it forces us outside the norm....2020-05-04 - 12:33 Read more
Article written by: Alta Prinsloo - Executive Director Source: IFAC Earlier this year, I participated in a review of our school district’s long-range financial plan and asked whether we should anticipate that children would not be sitting in classrooms in ten years’...2020-04-30 - 03:47 Read more
Article written by: Linda Lach - Director, Governance, IFAC and Darlene Nzorubara - Senior Technical Manager, Quality and Development, IFAC Source: IFAC The speed, global span, and widespread impact of the recent coronavirus (COVID-19) pandemic have made crisis management...2020-04-30 - 03:27 Read more