The Azerbaijan State News Agency

ECONOMY

INTERNATIONAL AUDITING STANDARDS TO BE APPLIED IN MIDDLE OF 2009 IN AZERBAIJAN

The Chamber of Auditors and the International Federation of Accountants signed the memorandum in February this year on the switch to international auditing standards in Azerbaijan, chairman of the Chamber Vahid Novruzov said.

The Chamber of Auditors has secured permission from the AFA to apply those standards in Azerbaijan. Those standards will be published and applied in mid-2009.

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