IDEAS home Printed from https://ideas.repec.org/a/eur/ejesjr/115.html

Information of the Financial Statements Disclosures - Case of Albania

Author

Listed:
  • Mirela UJKANI MITI

    (PhD. Lecturer at Accounting Department, Faculty of Economics, University of Tirana)

Abstract

Since 2008 in Albania, financial reporting is carried out based on international standards and national accounting standards, which are in compliance with International financial reporting standards. In our paper, we want to focus on the "Financial Statements Disclosures" as one of the components of the full package of financial statements. Often there is an erroneous view or attitude that compiles disclosures is something simple and easy. But even for their preparation, the accounting principles and rules should be strictly followed. Through the literature review we will highlight the role and importance of preparing of the financial statements disclosures on financial reporting, the care that should be shown in their preparation and the importance they have for users of financial statements. This also for the fact that, as simple as it may seem in its preparation, this statement has a high level of significance, and may even serve as an "indicator" for detecting fraud, assisting decision-making processes, and so on. The objectives of our paper will be realized through comparative, descriptive and statistical analyzes, using primary and secondary data. Primary data will be provided by the questionnaire addressed to target groups: accountants-because they prepare disclosures; auditors and tax inspectors-because they are the users of financial statements disclosures as they use these notes to understand the truth and credibility but also to discover frauds and mistakes. Secondary data will be gained from the literature review and the national accounting standards study of our country. The primary data analysis will serve first to understand the level of preparation of the financial statements disclosures and then to understand the role and importance of their information in the preparation of the full set of financial statements, with the purpose of giving the true and fair view of the activity of the entity, thus contributing to the increase of transparency. Secondary data analysis will serve to understand better the theoretical framework for the disclosures and the information that they carry. In the end, we will provide necessary recommendations regarding the disclosures and information they need to carry to ensure a higher quality of financial reporting.

Suggested Citation

  • Mirela UJKANI MITI, 2018. "Information of the Financial Statements Disclosures - Case of Albania," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 4, September.
    • Handle: RePEc:eur:ejesjr:115
    DOI: 10.26417/ejes.v7i1.p63-68
    as

    Download full text from publisher

    File URL: https://revistia.com/index.php/ejes/article/view/2685
    Download Restriction: no
    File URL: https://revistia.com/files/articles/ejes_v4_i3_18/Miti.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.26417/ejes.v7i1.p63-68?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Faße, Anja & Grote, Ulrike & Winter, Etti, 2009. "Value chain analysis Methodologies in the context of environment and trade research," Hannover Economic Papers (HEP) dp-429, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    2. Martin-Tapia, Inmaculada & Aragon-Correa, Juan Alberto & Senise-Barrio, Maria Eugenia, 2008. "Being green and export intensity of SMEs: The moderating influence of perceived uncertainty," Ecological Economics, Elsevier, vol. 68(1-2), pages 56-67, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Francesca Gennari, 2023. "The transition towards a circular economy. A framework for SMEs," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 27(4), pages 1423-1457, December.
    2. Giulio Cainelli & Massimiliano Mazzanti & Sandro Montresor, 2012. "Environmental Innovations, Local Networks and Internationalization," Industry and Innovation, Taylor & Francis Journals, vol. 19(8), pages 697-734, November.
    3. Gozal Ahmadova & Blanca L. Delgado-Márquez & Javier Aguilera-Caracuel, 2023. "Reporting of environmental policies and internationalization of Asia–Pacific firms: the moderating role of innovation as a source of legitimacy," Asian Business & Management, Palgrave Macmillan, vol. 22(4), pages 1243-1273, September.
    4. Banerjee, Soumendra Nath & Roy, Jayjit & Yasar, Mahmut, 2021. "Exporting and pollution abatement expenditure: Evidence from firm-level data," Journal of Environmental Economics and Management, Elsevier, vol. 105(C).
    5. Xiu-e Zhang & Qing Li, 2021. "Does Green Proactiveness Orientation Improve the Performance of Agricultural New Ventures in China? The Mediating Effect of Sustainable Opportunity Recognition," SAGE Open, , vol. 11(4), pages 21582440211, December.
    6. Xiaobing Huang & Jiawei Xie, 2025. "Sustainability of Global Trade: The Impact of Executive Green Awareness on the Global Green Value Chain of Enterprises," Sustainability, MDPI, vol. 17(4), pages 1-22, February.
    7. Antonio Thomas & Rosalia Castellano & Gennaro Punzo & Giuseppe Scandurra, 2024. "The Energy Transition in SMEs: The Italian Experience," Energies, MDPI, vol. 17(5), pages 1-16, February.
    8. Das, Keshab & Pradhan, Jaya Prakash, 2009. "Externally-oriented Small and Medium Enterprises: Predicament and Possibilities," MPRA Paper 15522, University Library of Munich, Germany.
    9. Valeria Ferreira & Miguel Ángel Almazán-Gómez & Victor Nechifor & Emanuele Ferrari, 2022. "The role of the agricultural sector in Ghanaian development: a multiregional SAM-based analysis," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-27, December.
    10. Gilles Grolleau & Naoufel Mzoughi & Sanja Pekovic, 2015. "Environmental management practices: good or bad news for innovations delivering environmental benefits? The moderating effect of market characteristics," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 24(4), pages 339-359, June.
    11. María del Carmen Galera-Quiles & Laura Piedra-Muñoz & Emilio Galdeano-Gómez & Angel Carreño-Ortega, 2021. "A Review of Eco-Innovations and Exports Interrelationship, with Special Reference to International Agrifood Supply Chains," Sustainability, MDPI, vol. 13(3), pages 1-21, January.
    12. Jana Hojnik, 2017. "In Pursuit of Eco-innovation," UPP Monograph Series, University of Primorska Press, number 978-961-7023-53-4.
    13. Myers, Rodd, 2015. "What the Indonesian rattan export ban means for domestic and international markets, forests, and the livelihoods of rattan collectors," Forest Policy and Economics, Elsevier, vol. 50(C), pages 210-219.
    14. Muhammad Anwar & Shuangjie Li, 2021. "Spurring competitiveness, financial and environmental performance of SMEs through government financial and non-financial support," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(5), pages 7860-7882, May.
    15. Ko, Dr. Wai Wai & Chen, Prof. Yantai & Chen, Dr. Cheng-Hao Steve & Wu, Dr. Meng-Shan Sharon & Liu, Prof. Gordon, 2021. "Proactive Environmental Strategy, Foreign Institutional Pressures, and Internationalization of Chinese SMEs," Journal of World Business, Elsevier, vol. 56(6).
    16. Vasilii Erokhin & Li Diao & Peiran Du, 2020. "Sustainability-Related Implications of Competitive Advantages in Agricultural Value Chains: Evidence from Central Asia—China Trade and Investment," Sustainability, MDPI, vol. 12(3), pages 1-29, February.
    17. Lu, Ting & Luo, Pengfei, 2024. "Bank-tax-interaction, carbon emission reduction investment and financing decisions for SMEs," International Review of Financial Analysis, Elsevier, vol. 95(PB).
    18. Susilawati, Depi & Kanowski, Peter & Setyowati, Abidah B. & Resosudarmo, Ida Aju Pradnja & Race, Digby, 2019. "Compliance of smallholder timber value chains in East Java with Indonesia's timber legality verification system," Forest Policy and Economics, Elsevier, vol. 102(C), pages 41-50.
    19. Asnake Adane, 2024. "Analysis of stakeholders’ roles and interactions in quality coffee production: implications for sustainable land management in Yirgacheffe, Southern Ethiopia," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(4), pages 10163-10182, April.
    20. Guevara, Zeus & Sebastian, Antonio & Carranza Dumon, Fabian, 2022. "Economy-wide impact of conventional development policies in oil-exporting developing countries: The case of Mexico," Energy Policy, Elsevier, vol. 161(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eur:ejesjr:115. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Revistia Research and Publishing (email available below). General contact details of provider: https://revistia.com/index.php/ejes .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.