Open AccessThe lack of Financial Statement Spplication in Kosovo’s Farms and its Consequences
Author(s) -
MSc. Jehona Shkodra,
Dr.Sc. Mustafe Pllana,
MSc. Ekrem Gjoka
Publication year - 2016
Publication title -
iliria, international review
Language(s) - English
Resource type - Journals
eISSN - 2365-8592
pISSN - 2192-7081
DOI - 10.21113/iir.v3i2.136
Subject(s) - financial statement analysis , statement (logic) , statement of changes in financial position , financial statement , financial analysis , business , accounting , bank statement , finance , accounting management , political science , law , disbursement , accounting information system , audit
The application of financial statement analysis in business activities is essential but this is often seen as frivolous in developing countries and in Kosovo as well . From the research conducted in hundred farms in different regions of Kosovo we understood that the application level of financial statement applied is low and in few farms it does not exist at all. The following research questions were used for this research:1. Why does this situation happen? 2. To what extent are farmers familiar with the financial statement analysis? 3. What is the farmer’ willingness to advance in financial statement analysis field? 4. What would be the consequences due to the lack of application of financial statements?