KPMG to Audit TuranBank and TuranLeasing, Following the Results of 2012
JSC TuranBank will be audited by the international auditing company KPMG on the results of 2012.
As reported in the bank, according to the schedule provided by the company with the country, the work of the audit is divided into two phases. Completing the first phase envisages the end of 2012, resulting started the second phase from January 2013-year.
Provision of the full version of the audit report is scheduled for the first quarter of 2013-year. Consolidated audit report will provide results of TuranBank and its subsidiary company TuranLeasing for 2012.
According to the adopted strategy, TuranBank focuses on transparency in financial reporting and to provide them with international standards to shareholders, investors and other users. In this direction TuranBank from 2002 has been working with external international accounting firms of the "big four", as Deloitte & Touche, PricewaterhouseCoopers (PwC) and KPMG. -15D -
-
- Politics
- 6 November 2012 14:38
Economics
-
Azerbaijan’s economic growth is expected to continue in the coming years, although forecasts from ING Group and the United Nations (UN) present slightly differing views on the pace of recovery. ING Group, the largest banking institution in the Netherlands, predicts modest growth in Azerbaijan’s gross domestic product (GDP), while the UN offers a more optimistic outlook.
-
The average age of taxi cars in Azerbaijan has dropped from 15 to 7 years, according to a statement from the Azerbaijan Ground Transport Agency (AYNA), which attributes this change to the implementation of reforms.
-
Kazakhstan has bolstered its position in international grain markets by resuming exports to Iran and Azerbaijan, according to the country’s Ministry of Agriculture.
-
In recent years, Azerbaijan has quietly fostered a vibrant startup ecosystem that is beginning to make waves on the international stage. From digital education platforms to innovations in agrotechnology, these startups reflect the country's growing embrace of technology and entrepreneurship. A combination of government support, international collaboration, and bold entrepreneurial vision has propelled several Azerbaijani ventures into the global spotlight.
Leave a review