Azerbaijani Parliamentary Assembly Concerned about State Enterprises Account System
Azerbaijan, Baku, 14 April / Trend corr. I.Khalilova / The report of the activities of the Azerbaijani Account Chamber (AC) for 2007 meets the tasks put forwards by the President and Parliament, as well as the demands of Bill on Account Chamber, Ziyad Samadzade, head of the Parliamentary Commission on Economic Policy, stated during the meeting.
The report affects results of the assessments of financial activity of some State-run organizations, use of budget funds and analysis of the budget incomes. Some shortcomings were revealed in the activities of some organizations, and they are supposed to analyze and inform the Parliament about the processes and negative facts in any field.
"Today's discussion of the report shows that we have real possibilities to provide transparency in use of budget incomes," Samadzade stated.
Samadzade recommended AC to pay attention on the account system in enterprises, which is in bad situation, during the auditory supervision. This is approved by results of investigations held by AC in there organizations within 2007.
"Investigations showed that there is need to improve accounting system," he stated.
Today, there are no revision commissions in central Executive power. These demands have been observed by the banking system.
Samadzade asked AC to pay more attention on money flow in the health system and intersystem debts, which are frequent in the enterprises of State Oil Company of Azerbaijan (SOCAR).
According to Abbas Allahverdiyev, Deputy Chairman of AC, now the main attention will be paid on expenditures state investments, which are growing annually. The main attention has been paid to the audit of investments of Azerenergy, Azerigaz, Health Ministry and Azerteplosnabjeniya so far.
According to Allahverdiyev, the obstacles were created by lack of information of enterprises to hold research and analytical work. However, after the amendments in the Bill, banking accounts of such entities will be closed.
As a result of the discussions, the Commission has recommended to submit AC report to the Parliament for consideration.
The correspondent can be contacted at: [email protected]