Auditors Chamber completed work on bills

Business Materials 11 May 2006 17:15 (UTC +04:00)

The Azerbaijan Chamber of Auditors has completed work over several bills. The Chamber has completed a new bill On Internal Audit and Changes and Supplements to the Law on Audit Services, reports Trend quoting from Vahid Novruzov, the Chairman of Auditors Chamber.

The Chamber has worked out a bill on mandatory insurance of auditors on civil responsibility, the chairman said. All the projects have been submitted to related authorities for consideration.

Earlier, the Chamber had informed Trend that the bills included terms of auditing enterprises and rates of fine applied to the enterprises in the case of breaching the terms. There are also several points concerning mandatory insurance in audit field.