Meeting with representatives of audit organizations

06.04.2022


On April 5, on the initiative of the Corruption Prevention Commission, the Chamber of Auditors and Expert Accountants of Armenia held a public discussion on the Commission draft “Sources of financial resources and expenses of the parties, as well as the procedure for selecting audit firms for the purpose of auditing annual property reports and defining the requirements for them”.

All audit organizations operating in Armenia were invited to the meeting.

Representatives of "PKF Audit Service", “IFP”, "Melikyans & Co", "G & Co Audit Group", “Perfect Audit”, “Four A Consulting”, "TM Audit", "Trust Audit", “Chamber of Auditors and Expert Accountants of Armeniaparticipated in the discussion.

The participants of the discussion were introduced the draft developed by the Commission, in particular, procedure for selection of audit organizations for the purpose of mandatory audit of parties, their requirements, the selection of winning companies, the procedure for drawing lots, the criteria for evaluating technical proposals and other details about the process.

Representatives of audit firms were given time to submit their suggestions and comments in writing.