TIRANA, Nov 10 /ATA/ Improvement of financial reporting is important for alignment with the best international practices.
Deputy Minister of Finance and Economy, Vasilika Vjero, participated in the conference “Strengthening Corporate Governance in Albania and Kosovo”.
This meeting which focused on sustainability reporting and strengthening the role of the Audit Committee, was organized as part of the project “The Road to the Accounting Reform Program and Institutional Strengthening for Small and Medium –sized Enterprises.”
Vjero said that we introduced the participants to the ongoing work that the Ministry of Finance and Economy is doing to improve the legal framework, accounting and auditing standards, with the aim of increasing the quality of financial reporting and improving the climate of doing business.
“With the opening of the negotiation process, financial reporting takes on a special importance in the context of the review of Chapter 6 of the EU progress report,” she said.
She pointed out that this project will be implemented until 2025 and offers training and education, technical assistance for the approximation of legislation, as well as supports the regional approach to the implementation of reforms in the field of accounting and auditing of the private sector.
/sm/
