Happy Indipendence Day from SCAAK!

The Ministerial Conference: Financial Information: Catalyst for Economic Integration

The Ministerial Conference: Financial Information: Catalyst for Economic Integration, organized by the World Bank Center for Financial Reporting Reform (CFRR), in Vienna.   The Republic of Kosovo is being represented at this conference by Mr. Bedri Hamza, Minister of Finance,...

The next session of Continuing Professional Education

IAASB Seeks Public Comment on Exposure Draft on Agreed-Upon Procedures

The International Auditing and Assurance Standards Board (IAASB) seeks public comment by March 15, 2019 on its Exposure Draft of proposed ISRS 4400 (Revised), Agreed-Upon Procedures Engagements. The demand for Agreed-upon procedures (AUP) engagements continues to grow across...

65% of Governments Globally Will Report on an Accrual Basis by 2023, Finds New Report

Joint report by IFAC and CIPFA forecasts rapid acceleration of accrual accounting and international standards adoption. Within five years, 65% of governments will report on an accrual basis, according to a recent report by IFAC (the International Federation of Accountants) and CIPFA...

Women should be provided with more opportunities in entrepreneurship

Within the numerous events organized during the Global Entrepreneurship Week, Mrs. Ardiana Bunjaku, Executive Director of the Society of Certified Accountants and Certified Auditors of Kosovo (SCAAK) was invited as a panelist at the roundtable organized by the American Chamber of Commerce in...

Importance of IFRS 15 Revenue from Contracts with Clients

The next session of Continuing Professional Education

THE EXECUTIVE DIRECTOR OF SCAAK HAS BEEN ELECTED MEMBER OF COMPLIANCE ADVISORY PANEL OF THE INTERNATIONAL FEDERATION OF ACCOUNTANTS

At the meeting of the International Federation of Accountants (IFAC) Council held on November 1, 2018, in Sydney, Australia, Ardiana Bunjaku, Executive Director of the Association of Certified Accountants and Auditors of Kosovo (SCAAK), has been elected a member of the IFAC Compliance Advisory...

Accountancy Without Borders: Global Standards Achieving Worldwide Adoption

Transparent, high-quality international standards are essential pillars of the global financial architecture. Their adoption and implementation improve the availability of high-quality financial information for stakeholders, investors and the public, which result in greater economic growth,...

World Congress of Accountantas 2018

The representatives of SCAAK, Mrs. Aferdita Çarkaxhiu Gashi - President of the Council and Mrs. Ardiana Bunjaku - Executive Director, are attending the World Congress of Accountants, which is being held in Sydney, Australia. The topic of the World Congress this year is about global...

IAASB Modernizes Auditing of Accounting Estimates in Support of Audit Quality

The International Auditing and Assurance Standards Board (IAASB) today released International Standard on Auditing (ISA) 540 (Revised), its revised standard for the audit of accounting estimates and related disclosures. Banks, insurers and other financial services firms have seen...

The beginning of training lectures for the Inspectors of the Tax Administration of Kosovo

The training lectures with the first group of the Tax Administration of Kosovo (TAK) Inspectors who are participating in the "Tax expert" program specifically modeled for the employees of this institution started today. A total of 75 TAK inspectors from the Large Taxpayer Unit and the...

Importance of Certification in Internal Audit

THE ORDINARY MEETING OF THE INTERNATIONAL FEDERATION OF ACCOUNTANTS COUNCIL

The president of SCAAK Council Ms. Afërdita Çarkaxhiu Gashi, and the Executive Director of SCAAK, Ms. Ardiana Bunjaku attended the ordinary meeting of the International Federation of Accountants Council that was held in Sydney, Australia on Novmber 1, 2018. The following topics were...

NEW GLOBAL SURVEY REVEALS DIGITAL TRANSFORMATION, TALENT MANAGEMENT AS KEY TO GROWTH FOR SMALL ACCOUNTING FIRMS

(New York, New York, October 23, 2018) – Accountants working in small- and medium-sized practices (SMPs) are embracing technology to better serve clients and attract and retain top talent, according to 2018 IFAC Global SMP Survey results released today. IFAC (International...

The next session of Continuing Professional Education

The next session of Continuing Professional Education

IFAC Professional Accountancy Organization Development Committee Meeting

The Executive Director of SCAAK, Ms. Ardiana Bunjaku, technical advisor to the Professional Accounting Organisation Development Committee (PAODC) of IFAC, is attending the current meeting of this Committee that is being held in New York and is focused on the Future Ready PAO. In the first day of...

Accountancy in the Western Balkans: Regional Cooperation Can Lead to National Advances

As they transition from socialist to market economies following decades of turbulence and conflict, the countries of the Western Balkans­­—Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro and Serbia­­—have made significant progress in adopting international...

Generation Z Favors Economic Conservatism in Public Policy and Seeks Career Stability, Survey Finds

51% of Gen Z feel it is important for their government to prioritize a national approach to policy, while 32% prefer a globalist approach. Gen Z’s top career priorities include: a stable career path (89% important or very important), competitive salary and benefits (87%), and work-life...

New Report Outlines Keys to Sound Governance

Distinct Roles of Internal Audit & Finance Function Provide Crucial Support Effective governance is the outcome of a mosaic of organizational policies, processes, and cross-functional interactions, according to experts featured in a new report from The Institute of Internal Auditors (IIA)...

Signature of a cooperation agreement between the SCAAK and the CAORM

Today, on September 17, 2018, The Association of Certified Accountants and Auditors of Kosovo (SCAAK) and the Council for Advancement and Oversight of the Audit of the Republic of Macedonia (CAORM) singed a cooperation agreement. This agreement will enable the establishment of a long-term...

The 16th FCM Annual Conference

Executive Director of SCAAK Ms. Ardiana Bunjaku and the President of the Council Ms. Afërdita Gashi Çarkaxhiu, are attending the 16th Annual Conference of the Mediterranean Federation of Accountants under the heading of "Audit and Its Current Perspective". This conference...

Don’t Get Stuck in the Past—How Changing PAO Governance Helped Put Kosovo on the Global Accountancy Map

In January 2018, IFAC released the publication Focusing on Performance, which raises awareness among PAOs of the importance of good corporate governance practices and principles for their organization. This article series features stories from professional accountancy organizations (PAOs)...

ROLE OF ACCOUNTANTS AND AUDITORS IN PREVENTING MONEY LAUNDERING AND COMBATING TERRORISM FINANCING

SCAAK members are participating in the training workshop for Accountants and Auditors with topic: "Role of Accountants and Auditors in Preventing Money Laundering and Combating Terrorism Financing" Organized by the Financial Intelligence Unit of Kosovo and the project funded by the...

EVOLVING EXPECTATIONS FOR ACCOUNTANTS MEANS CHANGING NEEDS FOR EDUCATION & TRAINING

During the IFAC Professional Accountancy Organization (PAO) Development Committee meeting in Manila, Philippines in June 2018, committee members, many of whom have worked for or closely with PAOs and accountancy regulators at national, regional, and international levels, discussed the revised...

THE PROFESSIONAL EDUCATION IN COMPLIANCE WITH BUSINESSES NEEDS IN KOSOVO

A meeting was held between representatives of the Association of Certified Accountants and Auditors of Kosovo, Kosovo Chamber of Commerce, American Chamber of Commerce in Kosovo and the Minister of Education, Science and Technology Mr. Shyqyri Bytyqi. The purpose of this meeting was to initiate the...

SCAAK and AmCham organized a roundtable discussion on Law no. 06/L-032 on Accounting, Financial Reporting and Auditing

Accounting, financial reporting, and auditing are crucial in training organizations on making business decisions based on their past and current financial performances. Considering the importance of these elements, the Assembly of Kosovo approved the Law no. 06/L-032 on Accounting, Financial...

The first meeting of SCAAK Council for mandate 2018-2020

Today was held, the first meeting of the SCAAK Council for the mandate 2018-2020. In accordance with the Statute of the Association, the Vice-President of the Council and the Treasurer was elected during this meeting. In the position of Vice President, the Council chose Mrs. Shpresa Mustafa,...