History

WHO WE ARE

Both these important activities are made possible by the dedication and work of a qualified group of trainers, who have also gone through a process of a depth training leaded by international lectors from ATC, CNCC & OEC, ICAS etc.

The Institute of Authorized Chartered Auditors of Albania (IEKA) was established in November 24, 1997. It is established under the status of a nonprofit association that groups together the accounting professionals qualified with the title “Registered Auditors” that exercise their profession in public practice independently under the status of a physical person or as part of an auditing firm.

In 1997, IEKA counted its first 56 auditors, while today in 2014, IEKA numbers 213 members as Registered Auditors, and 54 Auditing Firms.

Currently (2014) besides the members that exercise their profession in public practice (included in the Public Register of Registered Auditors) there are also 97 members that possess the title of the Auditor but provisionally do not exercise their profession and are not included in the Public Register of Registered Auditors.

From 2001, part of IEKA is also the category of trainees that are being trained and qualified to obtain the title of “Auditor”.

During the last three years in this category (as candidates for the title of the “Auditor” there are registered:

• In 2011……… 56 trainees

• In 2012……..61 trainees

• In 2013……..46 trainees

While a number of them have passed successfully the exam of Professional Competence, respectively:

• In 2011……… 19 candidates

• In 2012……… 56 candidates

• In 2013……..47 candidates

Since 2008 Institute of Authorized Chartered Auditors of Albania is a member with full rights (full member) of IFAC (International Federation of Accountants) IEKA is constantly making every effort to be in full compliance with the Statements of Membership Obligations (SMO 1-7)

IEKA is internationally represented in a considerable way as a member with full rights respectively in:

• FIDEF -International Federation of Francophone Accountants
• FCM -Federation of Mediterranean Accountants
• SEEPAD -South Eastern European Partnership on Accountancy Development.

The membership level of professional competence and skills and its further development is achieved through the process of Continuous Professional Development. Likewise the preparation process of new auditors goes through the process of a professional training by a registered auditor or an auditing firm. Almost all the requirements of the Education Standards of IFAC (IES) are included in the program of professional education for the candidates for auditors, as well as the International Standards of Auditing, Quality Assurance, International Standards of Accounting, Professional Ethical Standards etc.