This IFRS insight is designed for information of users on recent accounting issues tackled by International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB).

In an Oxford study in recent years, Audit was evaluated as one of the most likely professions to be fully automated in the near future / with a probability of 94%.

The Albanian Minister for Standards and Services recently announced the closure of 95% of the public service counters by the end of April.

This publication provides a summary of the issues including legal, tax and accounting to be considered by those thinking to invest or do business in Albania.

Welcome to our tenth Global Annual Review in which we report on our performance and our key network policies and governance structures during 2015.

On 7 January 2016, the International Auditing and Assurance Standards Board published amendments to the International Standards on Auditing for auditor reporting for special purpose financial statements.

Through the latest ministerial order, the Ministry of Finance has announced the change of National Accounting Standard no. 15, which affects all business units classified as "micro entities".

This insight is designed for information of users on recent issues tackled by international audit regulators.

Pursuant to the legislation in force, the VAT and other import duties are not due when the total value of all goods in a non-commercial consignment is less than a pre-determined threshold.

The introduction of new requirements in IFRS 9 Financial Instruments will be a significant change to the financial reporting of banks.

Final decision of the Constitutional Court on the partial abrogation of the amendments to the Law no. 9920, dated 19.05.2008 "On Tax Procedures", providing measures against fiscal informality.

To keep you up-to-date with the latest economic and financial developments, this Tax Alert prepared by our Tax Team provides information that may affect the operation of your business in Albania.