Baku, Azerbaijan, Feb. 5
By Anvar Mammadov - Trend:
Azerbaijan’s Chamber of Accounts will create a special educational center to increase the potential capacity of human resources, Nasir Sadigov, director of the legal services and personnel department of the chamber, said in Baku at a public hearing on the new edition of the “Law on Chamber of Accounts” Feb. 5.
He said that the new draft law determines the status of the Chamber of Accounts, which wasn’t considered in the previous version of the law.
“In addition, the new version of the law allows the Chamber of Accounts to expand the coverage of financial and budgetary supervision, facilitates access to information necessary for oversight activities,” Sadigov said. “New methods for conducting audit oversight are also outlined in the draft law.”
During the first reading, the Azerbaijani Parliament adopted the new version of draft “Law on Chamber of Accounts” at the plenary session on Dec. 15, 2017. The new law consists of six sections and 41 articles.
The “Law on Chamber of Accounts” that is presently in power in Azerbaijan was adopted in 1999.