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National Audit Office of Great Britain to Prepare Development Plan for Accounting Chamber of Azerbaijan

Business Materials 9 February 2007 13:38 (UTC +04:00)

National Audit Office (NAO) of Great Britain won the bid of the tender of the Finance Ministry of Azerbaijan on the grant Development of policy and human resources of the Government of Japan, allocated for the realization of the project Accountability in corporative and private sector, Trend reports with reference to the Accounting Chamber of Azerbaijan (AC).

The project aims at forming sustainable potential of training in the sphere of accounting and audit, supporting investments and development of the private sector, managing the state finances and improving accountability. As one of the components of the project is to develop the activities of the AC, the project of plan on sustainable development of AC over the next four years will be prepared by the NAO specialists.

The Memorandum of Understanding between the auditor organizations of the two countries had been signed on May 13, 2003 in London by the Head of Accounting Chamber of Azerbaijan, Namik Nasrullayev and NAO Head Auditor, Jon Brown.

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