IFAC PAO Development Committee Meeting

New York, February 19-20, 2020 - SCAAK Executive Director, Ms. Ardiana Bunjaku participated in IFAC Professional Accountancy Organization Development Committee (PAODC) meeting, where she also serves as a technical advisor. At the beginning of the meeting the participants were welcomed by the...

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SCAAK participates on the International Conference of National Audit Office

Prishtina, February 12, 2020 - Representatives of the Society of Certified Accountants and Auditors of Kosovo are attending an International Conference organized by the National Audit Office - "The Meaning and Importance of the Membership to INTOSAI: Impact and Benefits for the Supreme Audit...

Notice - KCFR publishes Administrative Instruction no. 01/2020 on Annual Financial Reporting of Micro Enterprises

Sustainable Development Goals Disclosure (SDGD) Recommendations

IFAC joins leading accounting bodies to call for corporate and asset owner action and improved reporting on the UN’s Sustainable Development Goals (SDG) in an attempt to hit goals set for 2030. The recommendations are detailed in the report, Sustainable Development Goals Disclosure...

SCAAK participates in FCM Council Meeting

Rome, January31, 2020 - President of the SCAAK Council Mrs. Afërdita Gashi attended the FCM Council Meeting. During this meeting the participants discussed the new strategy plan, update on activities and the next 18th Annual Conference. At this meeting, an important issue for discussion...

Discussion meeting with Statutory Auditors on the main requirements of the Law on Accounting, Financial Reporting and Auditing

SCAAK visits partners in Albania

Tirana, January 23-24, 2020 - SCAAK representatives held meetings with representatives of the Public Supervisory Board of the Republic of Albania, The Institute of Authorized Chartered Auditors of Albania (IEKA) and the Albanian Institute of Certified Accountants (IKM). Discussions...

Businesses and Accounting and Auditing Professionals discuss the Law on Financial Reporting

Prishtina, January 21, 2020 – The Society of Certified Accountants and Auditors of Kosovo, the American Chamber of Commerce and the Kosovo Chamber of Commerce organized a roundtable on the new requirements arising from the Law on Accounting, Financial Reporting and Auditing and the...

​The Key to Better Internal Audit Reports

​Audit reports are critical for communicating the results of an audit. The best case is that weeks or often months of work are boiled down into a powerful narrative that drives positive action. The more likely case is that weeks or often months of work are laid out in a painstakingly long,...

SCAAK participated in the ceremony of the 20th anniversary of the Tax Administration of Kosovo

The Tax Administration of Kosovo today marks the 20th anniversary of its establishment, a period with many challenges but undoubtedly many successes in collecting taxes and contributions and providing quality services to taxpayers. Representatives of SCAAK had the honor to participate in the...

Notice to taxpayers – TAK modifies PD and CD tax forms

Tax Administration of Kosovo notifies you that the Annual Declaration and Payment Form for Personal Income Tax (PD) and the Annual Declaration and Payment Form for Corporate Income Tax (CD) are being modified, so by 31 January 2020, submission of these forms is not possible. Modification/change...

Announcement - KCFR publishes the Administrative Instruction MF-No. 07/2019 on the Structure, Content and Submission of Annual Financial Reports

Kosovo Council for Financial Reporting (KCFR) has issued the Administrative Instruction MF-No. 07/2019 on the Structure, Content and Submission of Annual Financial Reports.   Please click HERE  to access the Administrative Instruction.

Season's Greetings!

Announcement - KCFR publishes the Administrative Instruction on the Indipendence of Statory Auditors and Auditing Firms

Kosovo Council for Financial Reporting (KCFR) has issued the Administrative Instruction No. 02/2019 on the Independence of Statutory Auditors and Auditing Firms.  Please click HERE to access the Administrative Instruction.

Announcement - TAK with Public Ruling on Obligation to Pay VAT on the Supply of Construction Services – Applying the Reverse Charge

The Tax Administration in Kosovo has issued the Public Ruling No. 03/2019 on Obligation to Pay VAT on the Supply of Construction Services – Applying the Reverse Charge. The purpose of this Public Ruling is to clarify the tax treatment for VAT aspects of the supply of services in the...

7 Changes Accountants Should Watch Out For in 2020

It won’t come as a shock to know that the major changes expected for the accounting industry in 2020 are related to technology. So, what changes can you expect in 2020? What might surprise you is that 67% of accountants feel the profession is more competitive today than ever...

Principles and practices of an effective PAO Chief Executive Officer (CEO)

In the conference "Developing Accountancy Capacity in Emerging Economies ", during the second day Executive Director of SCAAK - Ms. Ardiana Bunjaku presented at the panel: Principles and practices of an effective PAO Chief Executive Officer (CEO) or equivalent. Mrs. Bunjaku on the...

Kosovo presents experiences in implementing public financial reforms

In Malaysia is being held the conference "Developing Accountancy Capacity in Emerging Economies"  in which are participating The Executive Director of SCAAK - Ms. Ardiana Bunjaku, The Auditor General of the Republic of Kosovo - Mr. Besnik Osmani, Deputy Auditor General of the...

SCAAK participates in Financial Reporting Community of Practice Workshop

Representatives of SCAAK  and Kosovo Council for Financial Reporting are participating in the two-day Financial Reporting Community of Practice workshop on " The Role of the Accounting Profession in Modernizing the Western Balkans Region ", which is being held in Vienna,...

Importance of Capital Budgeting

Capital budgeting is a process that helps in planning the investment projects of an organization in long run. It takes all possible consideration into account so that the company can evaluate the profitability of the project. It is useful for evaluating capital investment project such as...

SCAAK participates in FCM Council Meeting convened as a General Assembly

Deputy Executive Director of SCAAK Mr. Driton Pustina attended the FCM Council Meeting convened as a General Assembly, in Madrid, Spain. During the meeting were held the elections for the President, Vice President and Treasurer for the new term from 01/01/2020 to 31/12/2021. Among the items...

SCAAK participates in “Training of Trainers” organized under the PULSAR programme

Representatives of SCAAK together with representatives of Ministry of Finance of Republic of Kosovo are participating in the "Training of Trainers" organized under the PULSAR programme, an ACCA collaboration with the Center for Financial Reporting Reform (CFRR), part of the World Bank, in...

The ordinary meeting of The International Federation of Accountants Council

President of SCAAK Council Mrs. Afërdita Gashi and Executive Director Mrs. Ardiana Bunjaku are attending the ordinary meeting of The International Federation of Accountants Council (IFAC), in Canada The meeting began with welcoming remarks from In-Ki Joo - IFAC President and Benoît...

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SCAAK marks International Accounting and Auditing Day

International Accounting Day

History of International Accounting Day The history of accounting as an established practice dates back several millennia. Records and documents originating from the Mesopotamian region traced back as far as 5,000 B.C. reveal the employment of accounting systems in the service of tracking the...

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Significance of IFRS 15 - “Revenue from Contracts with Clients”

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