Largest Azerbaijani bank selects auditor
Azerbaijan, Baku, July 13 /Trend A.Akhundov/
The International Bank of Azerbaijan (IBA) has identified a third-party auditor to audit the consolidated financial statements of the bank and its subsidiaries for the first half and the whole of 2012, the bank said on Friday. The company Deloitte & Touche became the winner of the tender.
Reports of IBA and its subsidiaries (International Bank of Azerbaijan - Moscow, JSC International Bank of Azerbaijan - Georgia, JSC International Insurance Company, LLC Azericard) must be audited in accordance with International Standards on Financial reports and International Standards on Auditing.