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Developing Capacity - Developing Economy

12-13 May 2011, Pristina, Kosovo


The Accounting Education Community of Practice (EduCoP) supported the Society of Certified Accountants and Auditors of Kosovo (SCAAK) in the organization and delivery of the first major international conference in Kosovo addressing accounting and auditing education capacity building.

SCAAK/Edu CoP conference, 12-13 May 2011, Pristina, Kosovo

SCAAKSCAAK is a professional accountancy and auditing body that is a not-for-profit, non-governmental organization that is governed and owned by its members and operates in the public interest. It is an excellent example for the development of a modern professional accountancy organization.

In 2011 the organization celebrated its ten year aniversary. A short video provided by SCAAK on their 10 year history may be viewed below.


To the REPARIS program page

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Summary


Summary

The conference was opened by the President of Kosovo, the Minister for Economic Development and the President of SCAAK. It was attended by 264 participants.

Supporting fiscal stability and economic growth

SCAAK/Edu CoP conference 12-13 May 2011, Pristina, KosovoThe conference explored the theme of identifying and addressing the capacity needs to support fiscal stability and economic growth. Leading the first session relating to the public sector, the World Bank's Chief Financial Management Officer Anthony Hegarty explained the connection between poverty and sound country public financial management and audit systems, and set out the importance and success factors required to respond to the capacity challenges required for sustainable development.

The public sector panel also included presentations by the Auditor General of Kosovo, the Senior Technical Manager of the International Federation of Accountants (IFAC) member body development division and the Head of Treasury of Kosovo.

Anthony Hegarty, the World Bank's Chief Financial Management Officer, speaking at the conferenceThe capacity requirements for sound corporate financial reporting systems was the topic of the second session, which featured a keynote address on the contribution of corporate financial reporting to economic growth by John Hegarty, the World Bank's advisor on Financial Reporting and Audit regulation. He was joined by Damir Kaufman from the Ministry of Finance, Croatia, as well as the Governor of the Central Bank of Kosovo, the head of the Chamber of Commerce, the Board for Standards in Financial Reporting.

Experiences in implementing capacity development

Ardiana Bunjaku, Executive Director of SCAAK, presenting at the conferenceThe second day focused on the experiences of implementation of capacity development from the perspective of the region. This session featured presentations by the World Bank, the Chair of IFAC's professional accounting organization development committee, and the leaders of the professional bodies from the UK (CIPFA), Malta (MAB/FEE), Croatia (CoA), Bosnia & Herzegovina (FBH AA), Kosovo (SCAAK), Macedonia (ICARM), Montenegro (ICAM), Moldova (ACAP) and Albania (IEKA).

The conference concluded that a new partnership was required between the interests of both public and corporate sectors, and in the area of accountancy development, the profession had a unique role in facilitating solutions to the capacity challenges.

Following the conference the CFRR hosted meetings between prospective IFAC candidates, CFRR and the staff of IFAC.

Videos


Videos

Society of Certified Accountants and Auditors of Kosovo (SCAAK)

Society of Certified Accountants and Auditors of Kosovo (SCAAK)Video to commemorate the 10th anniversary of Society of Certified Accountants and Auditors of Kosovo (SCAAK) shown at the first international conference in Kosovo addressing accounting and auditing education capacity building.

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Strengthening Public Financial Management

Strengthening Public Financial ManagementPresentation by the World Bank's Chief Financial Management Officer Tony Hegarty at the SCAAK conference "Developing Capacity - Developing Economy" on 12-13 May 2011 in Pristina, Kosovo.

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Challenges in Implementing the Acquis in Corporate Financial Reporting: A Croatian Perspective

Challenges in Implementing the Acquis in Corporate Financial Reporting: A Croatian PerspectiveDamir Kaufmann, Director at the Ministry of Finance of the Republic of Croatia, presenting at the SCAAK conference "Developing Capacity - Developing Economy" on 12-13 May 2011 in Pristina, Kosovo.

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ACAP and Financial Reporting in Moldova

ACAP and Financial Reporting in MoldovaMarina Selaru, Executive Director of ACAP, Moldova, presenting at the conference on "Developing Capacity - Developing Economy" on 12-13 May 2011 in Pristina, Kosovo.

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Permanent URL for this page: http://go.worldbank.org/NDQ188S490