IDEAS home Printed from https://ideas.repec.org/a/eur/ejesjr/240.html
   My bibliography  Save this article

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)

  • Nertila Çika
  • Sotiraq Dhamo

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 & Nertila Çika & Sotiraq Dhamo, 2018. "Information of the Financial Statements Disclosures - Case of Albania," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 4, ejes_v4_i.
    • Handle: RePEc:eur:ejesjr:240
    DOI: 10.2478/ejes-2018-0061
    as

    Download full text from publisher

    File URL: https://brucol.be/index.php/ejes/article/view/5471
    Download Restriction: no
    File URL: https://brucol.be/files/articles/ejes_v4_i3_18/Miti.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.2478/ejes-2018-0061?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. Petya Ivanova, 2017. "A Contemporary Overview Of The Application Of Collaborative Consumption In Tourism," Business Management, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 2 Year 20, pages 73-86.
    2. Heo, Cindy Yoonjoung, 2016. "Sharing economy and prospects in tourism research," Annals of Tourism Research, Elsevier, vol. 58(C), pages 166-170.
    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. Daozhi Zhao & Jiaqin Hao & Cejun Cao & Hongshuai Han, 2019. "Evolutionary Game Analysis of Three-Player for Low-Carbon Production Capacity Sharing," Sustainability, MDPI, vol. 11(11), pages 1-20, May.
    2. Bresciani, Stefano & Ferraris, Alberto & Santoro, Gabriele & Premazzi, Katia & Quaglia, Roberto & Yahiaoui, Dorra & Viglia, Giampaolo, 2021. "The seven lives of Airbnb. The role of accommodation types," Annals of Tourism Research, Elsevier, vol. 88(C).
    3. Ioana A. HORODNI & Colin C. WILLIAMS & Adrian V. HORODNIC, 2016. "Are Practices Of Competitors In The Informal Sector A Major Threat For Hotels And Restaurants?," THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH), vol. 25(1), pages 49-60.
    4. Francesca De Canio & Davide Pellegrini & Elisa Martinelli, 2018. "Is the collaborative consumption the new buying? Social and economic aspects influencing collaborative consumption," MERCATI & COMPETITIVIT?, FrancoAngeli Editore, vol. 2018(1), pages 19-38.
    5. Kwang-Ho Lee & DongHee Kim, 2019. "A peer-to-peer (P2P) platform business model: the case of Airbnb," Service Business, Springer;Pan-Pacific Business Association, vol. 13(4), pages 647-669, December.
    6. José María Martín Martín & Jose Manuel Guaita Martínez & José Antonio Salinas Fernández, 2018. "An Analysis of the Factors behind the Citizen’s Attitude of Rejection towards Tourism in a Context of Overtourism and Economic Dependence on This Activity," Sustainability, MDPI, vol. 10(8), pages 1-18, August.
    7. Alexander Frey & Manuel Trenz & Daniel Veit, 2019. "A service-dominant logic perspective on the roles of technology in service innovation: uncovering four archetypes in the sharing economy," Journal of Business Economics, Springer, vol. 89(8), pages 1149-1189, December.
    8. Agnieszka Niezgoda & Klaudyna Kowalska, 2020. "Sharing Economy and Lifestyle Changes, as Exemplified by the Tourism Market," Sustainability, MDPI, vol. 12(13), pages 1-19, July.
    9. C. Sillig & G. Marletto, 2022. "Global influence and national diversity in socio-technical transitions: a sectoral taxonomy," Working Paper CRENoS 202203, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    10. Natalia Vila-Lopez & Inés Küster-Boluda, 2022. "Sharing-collaborative economy in tourism: A bibliometric analysis and perspectives for the post-pandemic era," Tourism Economics, , vol. 28(1), pages 272-288, February.
    11. Rim Krouk & Fernando Almeida, 2021. "Exploring the Impact of COVID-19 in the Sustainability of Airbnb Business Model," Papers 2101.00281, arXiv.org.
    12. Daria Elżbieta Jaremen & Elżbieta Nawrocka & Michał Żemła, 2019. "Sharing the Economy in Tourism and Sustainable City Development in the Light of Agenda 2030," Economies, MDPI, vol. 7(4), pages 1-15, November.
    13. Benoit Faye, 2021. "Methodological discussion of Airbnb's hedonic study: A review of the problems and some proposals tested on Bordeaux City data," Post-Print hal-03407540, HAL.
    14. Katarzyna Czernek & Dagmara Wójcik & Paweł Marszałek, 2018. "Zaufanie w gospodarce współdzielenia," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 23-48.
    15. Jose María Martín‐Martín & María S. Ostos‐Rey & Jose A. Salinas‐Fernández, 2019. "Why Regulation Is Needed in Emerging Markets in the Tourism Sector," American Journal of Economics and Sociology, Wiley Blackwell, vol. 78(1), pages 225-254, January.
    16. Zuo, Wenming & Bai, Weijing & Zhu, Wenfeng & He, Xinming & Qiu, Xinxin, 2022. "Changes in service quality of sharing accommodation: Evidence from airbnb," Technology in Society, Elsevier, vol. 71(C).
    17. Klimczuk, Andrzej & Klimczuk-Kochańska, Magdalena, 2019. "New Economy, Food, and Agriculture," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 1893-1898.
    18. Sunwoo Park & Hyejin Yoon & Chulmo Koo & Won Seok Lee, 2021. "Role of the Leisure Attributes of Shared Bicycles in Promoting Leisure Benefits and Quality of Life," Sustainability, MDPI, vol. 13(2), pages 1-11, January.
    19. Felicitas Evangelista & Maria Estela Varua & Vivienne Saverimuttu & Rina Datt & Hugh Pattinson & Karina Wardle & Anna Evangelista, 2022. "Antecedents and Outcomes of Service Co-Creation in the Sharing Economy," SAGE Open, , vol. 12(2), pages 21582440221, May.
    20. Meisam Ranjbari & Gustavo Morales-Alonso & Ruth Carrasco-Gallego, 2018. "Conceptualizing the Sharing Economy through Presenting a Comprehensive Framework," Sustainability, MDPI, vol. 10(7), pages 1-24, July.

    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:240. 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.