Azerbaijan's Chamber of Auditors approves new regulations
Azerbaijan, Baku, June 4 / Trend , U. Ismayilova/
Azerbaijan's Chamber of Auditors has approved new regulations on control over auditor services.
New regulations identify procedures that can be implemented during audit. New regulations aim to ensure conformance of auditor activities with legislative acts, standards of audit and requirements of professional ethics and Chamber of Auditors' decisions.
The regulations envisages procedures of control over quality, rules of assessing system of quality of internal control, rules to choose a separate audit of the contractual obligations, documentation of results of work as well as the measures undertaken after the completion of the audit
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