Abstract:

It is impossible to evaluate the accounting process without first considering the socio-economic arrangements that Kosovo hasundergone. Without pretending to make subjective conclusions on any socioeconomic system in this paper we have tried to consider the characteristics of accounting through different time periods in Kosovo. By separating the time periods analyzed int three time periods we pretend to evaluate and analyze the role of accounting during these periods. The first period will include the role of accounting up until 1990, second period will include the role of accounting from 1990 until 1999, and thethirdperiod will includetheperiodfrom 1999 until 2013. The research paper concludes that the trend of fair presentation of financial statements in a transparent and legal manner is growing even though there is a negative climate in relation to this trend. We have also found that education at the national level in terms of knowledge relating to financial reporting is lacking because the population did not live in a social economic system that has had enough awareness for these reports; for the publicly owned entities we have found the same old story in terms of transparency, and they faced the same trend ofno-reporting of financial position and financial performance. Regarding the accounting we found an undesirable situation in the sense that the financial reporting was not done at regular intervals. Looking from 1999 until 2009 we have found a bad situation with regards to financial reporting. There were no differences by socially owned, public or private entities, because the processs of privatization of socially ownedentities was under taken in Kosovo where low culture was seen during this process in terms of financial reporting

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