Session
Management Business and Economy
Description
The purpose of the article is to systematize the shortcomings, advantages of domestic regulatory support for internal audit (IA) and develop directions for their solution, taking into account the international experience of its regulation by applying international developments in the domestic legal field. Through this research, a comparative analysis was made in terms of Legal and Institutional aspects between the Republic of Kosovo and the Republic of North Macedonia, identifying the bottlenecks and shortcomings through SWOT analysis. From the research, among others, it results that Kosovo has the advantage of continuous training on auditing or deficiencies in difficulties in the implementation of the law and the influence of the political factor. However, the risk is political instability and problems with the strengthening of public institutions. While the Republic of North Macedonia has priority in the Twinning Project (IPA) with Finland. As far as its weakness is that the Parliament does not take the reports of the SAO as a basis and Risks - the Law of Internal Control of Public Finances and the Internal Auditor are not followed by all the necessary organizations of the public sector
Keywords:
Republic of Kosovo, Republic of North Macedonia, Legal aspect, Institutional aspect, SWOT analysis, Internal Audit
Proceedings Editor
Edmond Hajrizi
ISBN
978-9951-982-15-3
Location
UBT Kampus, Lipjan
Start Date
25-10-2024 9:00 AM
End Date
27-10-2024 6:00 PM
DOI
10.3107/ubt-ic.2024.23
Recommended Citation
Krasniqi, Gresa Mjaku and Imeri, Amir, "Regulatory and Legal Provisions of Internal Audit Republic of Kosovo Vs Republic of North Macedonia -SWOT Analysis" (2024). UBT International Conference. 24.
https://knowledgecenter.ubt-uni.net/conference/2024UBTIC/MBE/24
Included in
Regulatory and Legal Provisions of Internal Audit Republic of Kosovo Vs Republic of North Macedonia -SWOT Analysis
UBT Kampus, Lipjan
The purpose of the article is to systematize the shortcomings, advantages of domestic regulatory support for internal audit (IA) and develop directions for their solution, taking into account the international experience of its regulation by applying international developments in the domestic legal field. Through this research, a comparative analysis was made in terms of Legal and Institutional aspects between the Republic of Kosovo and the Republic of North Macedonia, identifying the bottlenecks and shortcomings through SWOT analysis. From the research, among others, it results that Kosovo has the advantage of continuous training on auditing or deficiencies in difficulties in the implementation of the law and the influence of the political factor. However, the risk is political instability and problems with the strengthening of public institutions. While the Republic of North Macedonia has priority in the Twinning Project (IPA) with Finland. As far as its weakness is that the Parliament does not take the reports of the SAO as a basis and Risks - the Law of Internal Control of Public Finances and the Internal Auditor are not followed by all the necessary organizations of the public sector