Local companies will be on the new annual reports on financial performance. In the preamble of the document will be analyzed the priorities , reasons for failure of certain products and solutions to problems. The Accounting Chamber of Azerbaijan (ACA) will see to it within the framework of CAP / SAP World Bank.
As stated by the country's chief auditor, checking efficiency is provided by the Terms of Reference approved by the special committee and then by the Board in accordance with ACA component "Promotion of the Strategic Development Plan of the Chamber of Accounts for 2014-2015" long-term project CAP / SAP.
The main contractors are KOSI Corporation Ltd, Turkey Accounts Court (Supreme Audit Authority) and the company Central Audit Azerbaijan.
Task performance is now at the stage of selection of two pilot projects with the participation of consortium of ECORYS Netherland BV, ARPA and the organization of CIPFA. They are responsible for helping in the implementation of performance audit.
The Consortium has presented new rules for inspections of business entities. The new component of the project CAP / SAP has been implemented since July 2013 . - 17D-
Economics
-
Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
-
Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
-
Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
-
Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
Leave a review