1 September 2020

The Institute of Public Accountants (IPA) and the Society of Certified Accountants and Auditors of Kosovo (SCAAK) have entered into a mutual recognition arrangement (MRA).

The SCAAK was established in 2001 and recognised by the Kosovo Council for Financial Reporting as a licenced professional association, along with membership with the International Federation of Accountants (IFAC). SCAAK has more than 7,000 members.

“The mutual recognition agreement with SCAAK goes beyond the agreement to recognise each other as professional bodies,” said IPA chief executive officer, Andrew Conway.

“The MRA will reflect the transfer of knowledge and experience between the SCAAK and the IPA.

“Where feasible, each Institute will undertake to promote the transfer of skills and knowledge between members of each Institute through study tours, joint conferences, seminars and congresses and other educational and professional development activities.

“Continuing Professional Development, Codes of Conduct, Ethics and focus on professionalism will form part of the relationship, along with general support around migration, broader education and respective member service activities such as discussion groups,” said Mr Conway.