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Accountancy Chamber and Azerbaijani Finance Ministry Ink Memorandum

Business Materials 19 September 2008 16:59 (UTC +04:00)

Azerbaijan, Baku, 19 September / Trend corr. N.Ismayilova, S.Babayeva / "The Accountancy Chamber (AC) and the Azerbaijani Finance Ministry signed a memorandum on efficient exchange of information," Heydar Asadov, the chairman of the AC said. This agreement enables fully to eliminate delay with information transfer on the current inspections.

"We have had problems with efficiency to deliver necessary data to the Ministry by signing of memorandum," he said.

Under the measures plan, the AC plans to inspect efficiency and dedicated expenditure of state means at 34 organizations and institutions in 2008, Asadov said. Inspections have been realized at 14 of them and some organizations are under completion.

The AC has completed audit at the Education Ministry on implementation of state programs and at the Ukrainian Embassy, as well. The same work is planned to begin at the Greek Embassy.

In 2008 the AC intends to analyze implementation of state programs in the field of sport, health, culture and education in connection with expiry of terms of their realization.

The correspondent can be contacted at [email protected]

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