Analisi comparativa dei principi contabili nazionali: Italia e Albania

The European Union regulation describes the legal framework in which some specific categories of entities shall be based on, in order to produce financial information, draw up the consolidated and the separated financial statements in consistency with these rules. The adoption of IFRS is strongly supported by the European countries and all around as it may improve the quality and comparability of financial reporting. Simultaneously with the adoption of IFRS for a certain category of entities, many countries have developed their own national accounting standards to simplify the legal requirements related to the financial reporting. The purpose of this paper is to give evidence on the nature and the size of differences and similarities between the Italian and Albanian national accounting standards. For many years, both countries have created bilateral relations and as a result there is a great degree of historical, cultural and economic similarities between Albania and Italy. This paper is focused on the accounting systems of both countries, how are evolved over time, which are factors that affected their evolution and how do they account for specific items in the financial statements. Moreover in the last part of this paper is done an analysis of both national standards related to IFRS for SMEs in order to observe if they are developed in compliance with international guidelines designed to meet the needs and the capabilities of small and medium-sized entities.