The Level of Development and the Implementation of Accounting Standards in Kosovo – Problems and Challenges
The Level of Development and the Implementation of Accounting Standards in Kosovo – Problems and Challenges

Summary/Abstract: This study will show an analysis of the current development in the accounting in Kosovo and the overall financial reports. Financial reports, based on the accounting processes of the highest quality and accepted worldwide has been evaluated as comprehensive by all users of the accounting information.This will fill in all the gaps in the Kosovo financial reports, so there would be no doubt, fore mostly for the financial reports prepared and published by the Kosovo business community. The financial reports with international accounting standards based on national standards that are coherent with the international ones, supplies decision makers in business with complete information, financially accurate, which results to efficient decision making on their behalf. Such a task is of utmost importance, given that Kosovo is now at a crucial phase, given that the foundation of a new state have just been laid with all the sacrifices that have to be overcome, with all the hard and serious work that that awaits us in all fields for creating a sound economic and social basis. To achieve this we need for everyone to work hard and sacrifice, so this will reflect in an economic and social development and all other fields, among the most important ones is the development of the accounting profession, thus giving the possibility for credible and acceptable financial reports by all.

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