Value Added Tax (VAT) is a consumption tax that is applied to the value added at each stage of the supply chain. It is an integral part of many countries’ tax systems, and understanding its implications is crucial for businesses…

Financial reporting is the backbone of transparent and accountable business operations. In Albania, the Albanian National Accounting Standards (NAS) play a pivotal role in ensuring consistency and accuracy in financial reporting. Explore the foundations of financial reporting in Albania with...

Navigating the global landscape of financial reporting is crucial for businesses and professionals in Albania. Our services on International Financial Reporting Standards (IFRS) are designed to provide clarity on these universally recognized accounting principles. Key Features: Alignment with Global Standards:...

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…