The State Oil Company of Azerbaijan Republic (SOCAR) is in the phase of selecting the international auditor for conducting the audit of the company in 20007, Rovnak Abdullayev, the head if the SOCAR, informed.
At the moment, the enterprise and its internal structures are restructured. This measure is carried out to conform SOCAR to the international standards, told Abdullayev.
According to Abdullayev, the financial statements of the company will be drawn up in accordance with the international standards in 2007. At the moment, activities in this direction are continuing.
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