Kosovo : Report on the Observance of Standards and Codes on Accounting and Auditing--Update
This report is an update of the 2006 Report on the Observance of Standards and Codes (ROSC) on Accounting and Auditing (A&A) in the Republic of Kosovo (Kosovo). The main objective of the 2006 ROSC was to assist the then-existing Kosovo Provisional Institutions of Self-Government in strengthening...
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| Language: | en_US |
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Washington, DC
2013
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| Online Access: | http://hdl.handle.net/10986/14729 |
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okr-10986-14729 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
account accountancy accountant Accountants Accounting accounting standard accounts accounts receivable arrears asset sales audit evidence audit reports audit risk audit standards audited financial statements Auditing Auditing Profession Auditing Standards Auditors audits balance sheet bank lending banking assets banking crises banking sector banking system beneficiary bid borrower business communities business community business organization capital base capital market capital requirements capitalization cash flows Central Bank collateral commercial banks commercial code Commercial law consolidated financial statements Cost accounting Credit risk CURRENCY deposit derivatives disbursements economic development employment enforcement mechanism enforcement powers entry requirements exchange rate Exchange Rates Financial accounting financial data financial information Financial Institution Financial Institutions Financial Instruments Financial Management Financial Reporting Financial Reporting Standards financial reports financial services Financial Statements financial transactions foreign bank foreign banks Foreign Direct Investment foreign exchange foreign investment fraud global banking global economy good practice governance issues government budget government spending Gross Domestic Product holdings income levels income tax inflation information systems Institutional capacity insurance insurance companies insurance company Intangible Intangible assets interest rate interest rate risk interest rates International Accounting Standards International Accounting Standards Committee International Court International Standards international transactions investment banks investment capital joint stock companies joint stock company joint-stock companies joint-stock company lack of transparency laws legal framework legal instruments legislation lenders liability life insurance life insurance companies life insurance policies limited liability limited partnership liquidation liquidation sales liquidity loan loan portfolio local currency local enterprises Management Accounting Management information systems mandates maturities maturity micro enterprises micro finance micro finance institution microenterprises Microfinance Microfinance Institutions Migration Monetary Fund NonBank Financial Institutions operating lease pension pension fund pension funds portfolio premium revenue prepayments privatization profitability prudential regulation prudential regulations Prudential requirements public investments public offering public register quality assurance regulatory authority regulatory capacity regulatory tasks remittances repayment repayment capacity Reporting reserve reserves retained earnings retirement return risk exposure Risk management sales savings savings deposits securities securities market self-regulation shareholders Small business small businesses solvency sovereign bonds sovereign debt statutory auditors subsidiaries tax Tax Administration taxation technical assistance Telecommunications trade balance transition economies treaties Turnover valuation warehouse |
| spellingShingle |
account accountancy accountant Accountants Accounting accounting standard accounts accounts receivable arrears asset sales audit evidence audit reports audit risk audit standards audited financial statements Auditing Auditing Profession Auditing Standards Auditors audits balance sheet bank lending banking assets banking crises banking sector banking system beneficiary bid borrower business communities business community business organization capital base capital market capital requirements capitalization cash flows Central Bank collateral commercial banks commercial code Commercial law consolidated financial statements Cost accounting Credit risk CURRENCY deposit derivatives disbursements economic development employment enforcement mechanism enforcement powers entry requirements exchange rate Exchange Rates Financial accounting financial data financial information Financial Institution Financial Institutions Financial Instruments Financial Management Financial Reporting Financial Reporting Standards financial reports financial services Financial Statements financial transactions foreign bank foreign banks Foreign Direct Investment foreign exchange foreign investment fraud global banking global economy good practice governance issues government budget government spending Gross Domestic Product holdings income levels income tax inflation information systems Institutional capacity insurance insurance companies insurance company Intangible Intangible assets interest rate interest rate risk interest rates International Accounting Standards International Accounting Standards Committee International Court International Standards international transactions investment banks investment capital joint stock companies joint stock company joint-stock companies joint-stock company lack of transparency laws legal framework legal instruments legislation lenders liability life insurance life insurance companies life insurance policies limited liability limited partnership liquidation liquidation sales liquidity loan loan portfolio local currency local enterprises Management Accounting Management information systems mandates maturities maturity micro enterprises micro finance micro finance institution microenterprises Microfinance Microfinance Institutions Migration Monetary Fund NonBank Financial Institutions operating lease pension pension fund pension funds portfolio premium revenue prepayments privatization profitability prudential regulation prudential regulations Prudential requirements public investments public offering public register quality assurance regulatory authority regulatory capacity regulatory tasks remittances repayment repayment capacity Reporting reserve reserves retained earnings retirement return risk exposure Risk management sales savings savings deposits securities securities market self-regulation shareholders Small business small businesses solvency sovereign bonds sovereign debt statutory auditors subsidiaries tax Tax Administration taxation technical assistance Telecommunications trade balance transition economies treaties Turnover valuation warehouse World Bank Kosovo : Report on the Observance of Standards and Codes on Accounting and Auditing--Update |
| geographic_facet |
Europe and Central Asia Kosovo |
| description |
This report is an update of the 2006 Report on the Observance of Standards and Codes (ROSC) on Accounting and Auditing (A&A) in the Republic of Kosovo (Kosovo). The main objective of the 2006 ROSC was to assist the then-existing Kosovo Provisional Institutions of Self-Government in strengthening A&A practices, in order to support sustained economic growth and improve the competitiveness of local enterprises. For this update, a particular focus was placed on analyzing significant changes in (a) the statutory framework for A&A standards and practices; (b) the A&A profession; (c) the quality of accounting education at the tertiary level; (d) the enforcement of A&A requirements both within the profession and by financial sector regulators; and (e) financial reporting standards in the banking sector. The report also focuses on assessing the degree of alignment of Kosovo's institutional framework for corporate financial reporting with the European Union (EU) acquis communautaire. This ROSC A&A update will also provide inputs to the Financial Sector Assessment Program (FSAP) update. |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Kosovo : Report on the Observance of Standards and Codes on Accounting and Auditing--Update |
| title_short |
Kosovo : Report on the Observance of Standards and Codes on Accounting and Auditing--Update |
| title_full |
Kosovo : Report on the Observance of Standards and Codes on Accounting and Auditing--Update |
| title_fullStr |
Kosovo : Report on the Observance of Standards and Codes on Accounting and Auditing--Update |
| title_full_unstemmed |
Kosovo : Report on the Observance of Standards and Codes on Accounting and Auditing--Update |
| title_sort |
kosovo : report on the observance of standards and codes on accounting and auditing--update |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10986/14729 |
| _version_ |
1764430942625071104 |
| spelling |
okr-10986-147292021-04-23T14:03:21Z Kosovo : Report on the Observance of Standards and Codes on Accounting and Auditing--Update World Bank account accountancy accountant Accountants Accounting accounting standard accounts accounts receivable arrears asset sales audit evidence audit reports audit risk audit standards audited financial statements Auditing Auditing Profession Auditing Standards Auditors audits balance sheet bank lending banking assets banking crises banking sector banking system beneficiary bid borrower business communities business community business organization capital base capital market capital requirements capitalization cash flows Central Bank collateral commercial banks commercial code Commercial law consolidated financial statements Cost accounting Credit risk CURRENCY deposit derivatives disbursements economic development employment enforcement mechanism enforcement powers entry requirements exchange rate Exchange Rates Financial accounting financial data financial information Financial Institution Financial Institutions Financial Instruments Financial Management Financial Reporting Financial Reporting Standards financial reports financial services Financial Statements financial transactions foreign bank foreign banks Foreign Direct Investment foreign exchange foreign investment fraud global banking global economy good practice governance issues government budget government spending Gross Domestic Product holdings income levels income tax inflation information systems Institutional capacity insurance insurance companies insurance company Intangible Intangible assets interest rate interest rate risk interest rates International Accounting Standards International Accounting Standards Committee International Court International Standards international transactions investment banks investment capital joint stock companies joint stock company joint-stock companies joint-stock company lack of transparency laws legal framework legal instruments legislation lenders liability life insurance life insurance companies life insurance policies limited liability limited partnership liquidation liquidation sales liquidity loan loan portfolio local currency local enterprises Management Accounting Management information systems mandates maturities maturity micro enterprises micro finance micro finance institution microenterprises Microfinance Microfinance Institutions Migration Monetary Fund NonBank Financial Institutions operating lease pension pension fund pension funds portfolio premium revenue prepayments privatization profitability prudential regulation prudential regulations Prudential requirements public investments public offering public register quality assurance regulatory authority regulatory capacity regulatory tasks remittances repayment repayment capacity Reporting reserve reserves retained earnings retirement return risk exposure Risk management sales savings savings deposits securities securities market self-regulation shareholders Small business small businesses solvency sovereign bonds sovereign debt statutory auditors subsidiaries tax Tax Administration taxation technical assistance Telecommunications trade balance transition economies treaties Turnover valuation warehouse This report is an update of the 2006 Report on the Observance of Standards and Codes (ROSC) on Accounting and Auditing (A&A) in the Republic of Kosovo (Kosovo). The main objective of the 2006 ROSC was to assist the then-existing Kosovo Provisional Institutions of Self-Government in strengthening A&A practices, in order to support sustained economic growth and improve the competitiveness of local enterprises. For this update, a particular focus was placed on analyzing significant changes in (a) the statutory framework for A&A standards and practices; (b) the A&A profession; (c) the quality of accounting education at the tertiary level; (d) the enforcement of A&A requirements both within the profession and by financial sector regulators; and (e) financial reporting standards in the banking sector. The report also focuses on assessing the degree of alignment of Kosovo's institutional framework for corporate financial reporting with the European Union (EU) acquis communautaire. This ROSC A&A update will also provide inputs to the Financial Sector Assessment Program (FSAP) update. 2013-08-01T17:36:23Z 2013-08-01T17:36:23Z 2012-06 http://hdl.handle.net/10986/14729 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Europe and Central Asia Kosovo |