BDO has added its first member firm in Albania.
BDO said that BDO Croatia is taking the lead in developing the firm in its initial stages and that the firm has been established with the cooperation of local firm PBM.
BDO Albania will specialise in audit, tax, advisory, risk assessment, internal audit services and services to foreign investors.
BDO Albania managing partner Limos Malaj said this is the right time for BDO to establish a presence in the country. “The new law on auditing, which came into force in 2009, has significantly remodeled the organisation of the accounting and auditing profession in our country. Among other changes, there is now a public oversight board overseeing the professions activities, and clearer requirements on matters such as continuing professional education, a code of ethics and transparency reports,” Malaj said.