Financial Statements in Individual Businesses
American Journal of Operations Management and Information Systems
Volume 4, Issue 2, June 2019, Pages: 57-62
Received: Mar. 17, 2019;
Accepted: Jun. 5, 2019;
Published: Jun. 19, 2019
Views 217 Downloads 35
Besnik Hajdari, Faculty of Mechanical Engineering and Computer Engineering, Department of Economic Engineering, University of Mitrovica "Isa Boletini", Mitrovica, Republic of Kosovo
Follow on us
Understanding and interpreting the financial statements is an important factor for the economic entities in getting the right directions. Today, there is a general tendency to respect the harmonization of European Commission Directive IV with International Financial Reporting Standards. Responsive people need information about the business activities of any business. In this paper, we will consider how to compile and interpret key financial statements in accordance with IASs and IFRSs, which are the main users or users of information derived from these financial statements and their significance in decision-making. Financial Statements are the key elements in achieving business goals, having a bearing on creating business financial reports, auditing, databases and mandatory disclosures. The study aims to identify and analyze key indicators that affect the success and growth of small and medium-sized enterprises (SMEs), ie their performance, and to analyze the effects that these indicators show in SME growth. In this research, several important issues and general problems of the financing system, the financial situation and the profitability of small and medium businesses in Kosovo have been addressed. Also, this paper will present, from the point of view theoretical and empirical, the link between these key performance indicators, or, say, the growth of SMEs. Therefore, the development of the SME sector is very important in Kosovo, especially given that the social problems of those countries are, to a large extent, the consequence of uneven growth.
Financial Analysis, Financial Statements, Financial Indicators, Financial Reports, Financial Reporting, Accounting Standards, International Accounting Standards, Individual Businesses, Finance
To cite this article
Financial Statements in Individual Businesses, American Journal of Operations Management and Information Systems.
Vol. 4, No. 2,
2019, pp. 57-62.
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/
) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Asllani, Rrustem "Financial Accounting", Prishtina 2010.
Ahmeti, Skender "Financial Accounting", Prishtina 2012.
Nimani, Artan "Accounting - Lecture" Prizren 2014.
Speaks, Fadil "Analysis of Financial Statements" Peja 2012.
Ukaj, Fatos "Accounting Basics" Peja 2011.
Krasniqi, Bujar "Dispenser for accountant" KAF Prishtine 2016.
Hajdari, Besnik “Financial and Audit Accounting” Mitrovica 2018.
Ahmeti, S. (2014) "Kontabiliteti Financiar I" Universiteti i Prishtinës, Prishtinë 2014.
Asllanaj, Rr. (2010), "Kontabiliteti Financiar" Universiteti i Prishtinës Prishtinë 2010.
Badivuku, M. dhe Alishani, A. (2015) "Historia e Krizes financiare globale" Prishtine.
Binaj A. dhe Kalemi, F. (2016) Kontabiliteti-koncepte, metoda dhe perdorime, Tiranë.
Binaj A, (2012): Sistemet e informacionit kontabel, ShB Ilar, Tiranë.
Bundo, Sh & Cane, G.(2003), Financë, Tiranë.
Civici, A. (2010): Kriza financiare apo globale, Botim nga UET Press, Tiranë.
Xhafa, H. (2014) Analiza e pasqyrave financiare, Urtesia Bektashiane Tiranë.
Xhafa, H. Dhe Ciceri, B. Drejtimi Financiar, Albpiper, Tiranë.
Xhepa, S., Agolli, M., (2004), Zhvillimi i Ndërmarrjeve të Vogla dhe të Mesme, ISB & ACIT, Tiranë.