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Azerbaijani Chamber of Accounts automates audits

Business Materials 2 November 2011 17:43 (UTC +04:00)

Azerbaijan, Baku, Nov.2 / Trend, A.Akhundov /

The State Social Protection Fund (SSPF) will be the first agency to make the transfer to an electronic information exchange with the Chamber of Accounts.

Chairman Salim Muslimov voiced this initiative on Wednesday during his speech at an event dedicated to the 10th anniversary of the Chamber of Accounts of Azerbaijan.

"It would be reasonable to combine information databases of the State Social Protection Fund and Chamber of Accounts. We should exchange information in electronic form. The relevant agreement is already available and the initiative will work in the near future," Muslimov said.

The futomation of financial control will prevent many violations in the social sphere, he said.

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