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The government of Albania launched its National Strategy for Social and Economic Development in 2002, proposing several reforms towards achieving sustainable economic growth and development. Among other things, it calls for stronger public accountability and increased public participation and decision-making. Therefore, the public accounting system in Albania is presently undergoing some substantial changes that might lead to the introduction of IPSAS International Public Sector Accounting Standards and the harmonisation of public accounting according to international standards. In this way, Albania would draw level with other countries and institutions such as Switzerland, France, the European Union and the UN.

The new public accounting law in Albania – the current situation and the introduction of IPSAS to systems of public accounting