Proceedings of The 4th International Conference on Research in Management
The application of NAS, IAS and SMAT in Durres SMEs in Albania
Ph. D. (c). Ejona DUÇI
In this study, we will develop some problems and characteristics of implementing International and National Accounting Standards. It will discuss some issues facing Albanian companies and especially SMEs in Albania with the performance of these standards and comparisons between different companies.
The methodology used in this study will be quantitative and focus on analyzing about 20 financial statements of some SMEs in Albania.
The implementation process of National and International Accounting Standards in our country was scheduled for January 1, 2006, and it is still challenging to be entirely accepted for use and evaluation. Conflicts between the NAS and the tax legislation are too tricky to be solved. In addition, there are other sources of administrative and professional reasons that need to be considered, such as not all IASs are well translated into Albanian, most Albanian accountants are not sufficiently familiar with IAS standards for their implementation, etc. On the other hand, we will see that companies use IAS because they are obligated by law and public institutions but they do not care a lot about self-analysis for improving their performance like Strategic management accounting techniques.
The last section presents the main findings of the study and carries out the conclusions based on the analysis of these data and other collected information.
keywords: Standards, Accounting, National Accounting Standards, International Accounting Standards, Financial Statements, Strategic management accounting techniques.