Mission and vision

The Institute of Certified Accountants of Albania brings together all Certified Accountants and Accounting Firms registered in accordance with the legislation in force, for the provision of the services defined in the laws and regulatory acts governing the profession of Certified Accountant, as well as other services that do not contravene the law.

IKM’s mission is to serve the public interest through:

Vision

Recognition of the profession of Certified Accountant as an irreplaceable element in the development of economic entities, financial markets and sustainable economies, always aiming to improve financial reporting and to increase quality, transparency and public trust in the profession.

Values

Objectives

1. To ensure the organisation and direction of professionals holding the “Certified Accountant” certificate, as well as of candidates wishing to apply for this certificate.
2. To protect the professional interests of its members, seeking appropriate safeguards for their competence, independence and professional judgement.
3. To represent and protect the interests of its members vis-à-vis third parties on matters relating to the profession.
4. To develop professional training programmes in financial reporting, the National Accounting Standards, the International Financial Reporting Standards and other areas that may be required by law or by the BMP for candidates seeking to become Certified Accountants; to organise and monitor the process of preparation and professional training of candidates and of the exam or testing of their knowledge for entry into the profession, as well as the certification process for candidates.
5. To develop programmes for, organise and monitor the training and certification of candidates and of its members in related fields.
6. To ensure the continuing professional development of its members in the field of the profession, in accordance with the requirements of Law No. 10091, dated 05.03.2009 “On statutory audit, the organisation of the profession of statutory auditor and of certified accountant”, as amended, and with IFAC’s International Education Standards; to carry out monitoring where these continuing professional development activities are organised by third parties recognised by IKM.
7. To organise the quality control system for Certified Accountants and Accounting Firms.
8. To organise the investigation and disciplinary system and to carry out the necessary investigations in cases of breaches of laws, regulations, standards and professional ethics, as well as to lead the investigation and disciplinary system for other aspects within its scope.
9. To coordinate its work with the National Accounting Council, the Public Oversight Board, the Examination Commission (KPAP), the Ministry of Finance, the universities with which IKM has cooperation agreements, and other interested bodies in the field of accounting in Albania and abroad:
   • on issues concerning the organisation of accounting and of accounting documentation;
   • on matters of the profession provided for in the law and in the secondary legislation issued for its implementation;
   • on studies and work to improve the legal provisions on accounting, accounting standards, professional standards and the legal regulation of the profession;
   • on organising the preparation for, and the holding of, the initial exams for entry into the profession and the Professional Competence Examinations, as well as on the award of the “Certified Accountant” certificate;
   • on organising training and the certification of candidates and members with similar certificates.
10. To organise and establish links and cooperation with counterpart institutions and bodies in Albania and abroad.
11. To become a member of national and international organisations of the profession and to lead the work of fulfilling the obligations arising from such membership.
12. To maintain and update the Public Register of Certified Accountants and Accounting Firms that are members of IKM.
13. To ensure that IKM’s activity complies with the requirements of IFAC’s professional standards and that the services provided by IKM members comply with the IFAC Code of Ethics and the regulatory acts in force.
14. To ensure the protection of the profession and of the honour and independence of its members.