IEKA is the only professional body of statutory auditors in Albania, recognized by the Law on Statutory Audit and Organization of the Accountancy Profession No. 10091 of 2009 as modified by law 47/2016. IEKA is a non-profit association that unites all statutory auditors (local and foreign) who exercise their profession in public practice in Albania, either independently or as part of an audit firm. Membership in IEKA is mandatory for both practicing and non-practicing auditors (non-practicing auditors do not participate in IEKA governance). IEKA’s responsibilities include translation and adoption of ISA, developing professional educational modules for the statutory audit profession, establishing a proper process of recognizing higher education institutions’ professional curricula for candidates attending statutory audit programs, and establishing an investigation and discipline system and ethical requirements for auditors in line with the IESBA Code of Ethics under the oversight of the Public Oversight Board (POB).