SCAAK and EBRD Support Micro and Small Enterprises Towards Economic Recovery

2020-09-23 - 01:46

The Society of Certified Accountants and Auditors of Kosovo (SCAAK) started webinars as part of the project "Supporting micro and small enterprises towards financial management", a project which is supported by the European Bank for Reconstruction and Development (EBRD) through funding from the Government of Luxembourg.

This project will help about 300 micro and small enterprises, in building their capacity to understand the financial structure of the enterprise, drafting plans to mitigate the economic and financial impact, as well as find ways to solve financial problems and difficulties which these enterprises face.

The project envisages the creation of a simplified financial model and the relevant manual which will remain within the enterprises and will serve as a tool for forecasting cash flow, performance, position and financial analysis as well as reporting for these enterprises.

During the webinars, representatives of micro and small enterprises will be trained on the use of the financial model and the relevant manual towards the recovery and further development of their enterprises.