Budget Committee Approves Amended Draft Law on Accounting
Tirana – The Albanian Budget Committee has approved the new Draft Law on amending and supplementing the Law on accounting, financial reporting, and auditing, following a vote on April 20, 2026. The decision, approved by a vote of 6 in favor with no opposition or abstentions, marks a key step in the legislative process. The approval comes after review and amendments proposed by a working group.
Finance Minister Hekuran Murati highlighted that the draft law primarily addresses three key areas. Specifically, the legislation focuses on the redefinition of the Association of Accountants and their associated duties. Minister Murati elaborated that the proposal, now in draft form, seeks to clarify several aspects within the existing legal framework.
The committee’s approval signifies the beginning of further scrutiny and potential debate as the law moves towards finalization. This revised draft represents an important update to accounting regulations within Albania. The Budget Committee’s endorsement underscores the government’s commitment to modernizing financial oversight.
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