Single register of economic entities for auditors created

Starting this year, applying for a license to audit activities will be possible in electronic form.

As the head of the management for training and international relations of the Chamber of Auditors of Azerbaijan Sabuhi Gulmammadov told Turan, the new approach will save time and increase the professional certification of return potential auditors. In addition, reports of existing auditors will also be made in electronic form.

The Chamber this year also intends to familiarize members with the new manual inspections of audit firms and independent auditors. The basis of the innovations will be incorporated modern risk assessment, based on international standards.

"This will create a single registry and information on economic entities subject to statutory audit," added Gulmammadov. - 17D-

 

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