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Azerbaijan is planning digitalization of electronic permits issuance for audit activities

Economy Materials 11 April 2022 17:28 (UTC +04:00)
Azerbaijan is planning digitalization of electronic permits issuance for audit activities
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, April 11. Chamber of Auditors of Azerbaijan Republic plans to introduce electronic issuance of permits and certificates, Chairman of the Chamber of Auditors of Azerbaijan Vahid Novruzov told Trend.

According to him, these initiatives are reflected in the action plan within the framework of the strategy "Automation of the accounting and reporting processes", approved by the board of the Chamber of Auditors on April 4, 2022.

"Our chamber modernized the system of the personal account of auditors in 2021, created in 2020. This system includes a register of contracts and conclusions of independent auditors and audit companies, automated generation of a system of reports compiled by independent auditors and audit companies, editing personal data of auditors and data audit companies, a list of auditors," Novruzov said.

According to him, the Chamber's website has a section "Audited Business Entities", where the entities can familiarize themselves with the conclusion by the submitted audit number, or by entering their Tax Identification Number (TIN).

"Information that can be found: the name of the business entity, TIN, type of service provided, the name of the audit organization (free auditor) that issued the audit report, the result of the audit report, the date of issue of the audit report, the number of the report and the audit period," Novruzov added.

The personal account system on the website of the Azerbaijan Chamber of Auditors is aimed at simplifying the work of audit organizations and independent auditors operating in Azerbaijan territory and providing them with support.

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