Support to Public Accounting Reforms

This project aims at developing and strengthening the public accounting framework in Albania in order to improve transparency and budget allocation. The direct beneficiaries of the project are the Ministry of Finance as well as other budget institutions at central level. The project will be implemented by the World Bank.

Pays/région Thème Période Budget
Politique économique et financière
01.01.2016 - 31.12.2020
CHF 2'000'000
Contexte Cash based accounting and subsequent insufficient commitment control is seen as one of the main factors leading to the significant accumulation of arrears in the Albanian public sector. Public accounting reforms therefore figure as a prominent element in Albania's PFM Strategy 2014-2020 and are part of Albania's overall EU integration efforts. A gradual move to an accrual-based accounting system enables the production of financial information that provides a comprehensive and accurate view of government financial performance and financial positions. The project also aims at improving professional public accounting capacities.
Objectifs The overall objective of the project is to strengthen public sector accounting and financial reporting in order to enable better management of budget resources, improved decision-making and higher transparency in the use of fiscal resources. The project will introduce and implement international public accounting standards in the Albanian accounting system, and strengthen institutional capacities to prepare and utilize financial information at the Ministry of Finance as well as other budget institutions at central government level. Through targeted training and capacity building it will improve the understanding and application of accounting standards by public entities. It will furthermore develop a sustainable training and certification mechanism for public accountants at a local institution.
Effets à moyen terme Public accounting legal and regulatory framework incorporating international standards established.National accounting guidance elaborated.A new set of public accounting standards implemented at central government level.Strengthened capacities at central government budget institutions will have to produce and understand financial reports according to the new standards.A public accounting training and certification mechanism is established at a local institution.

Principaux résultats attendus:   Gap analysis comparing national accounting standards against International Public Sector Accounting Standards (IPSAS).Assessment of training needs of public accountants.Roadmap for further development of national accounting legislation.Enactment of international accounting standards.Development of key priniciples driving the promulgation of public accounting standards.Review and amendment of Chart of Accounts.Gradual implementation of new accountanting standards and training to Ministry of Finance and other budget institutions in the use of new accounting standards.Definition of institutional responsibilities and work plans for responsible units at the Ministry of Finance.Training of a selected number of financial officers to obtain an internationally recognzied professional accounting qualification certificate.Training of a sufficient number of trainers through the train the trainers approach.Institutionalization of local training and certification program for public accountants.

Direction/office fédéral responsable SECO
Crédit Coopération avec l'Europe de l'Est
Partenaire de projet Partenaire contractuel
  • Banque Mondiale - Banque internationale pour la reconstruction et le développement

Budget Phase en cours Budget de la Suisse CHF   2'000'000 Budget suisse déjà attribué CHF   0 Budget y compris partenaires de projet CHF   2'000'000
Phases du projet Phase 10 01.01.2016 - 31.12.2020   (Phase en cours)