E&Y: Azerkosmos opertaes based on principles of accountability

E&Y: Azerkosmos opertaes based on principles of accountability
# 18 September 2014 13:43 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Ernst&Young, which provides assurance (including financial audit), tax, consulting and advisory services to companies, has held audit of financial statements of Azerkosmos for 2013.

According to results of the audit, Azerkosmos operates on the basis of principles of accountability and publicizes financial statements before the opposite side transparently.

The financial statements of the Azerkosmos OJSC have been prepared on the basis of International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB).

This is the second audit held by Ernst&Young in Azerbaijan.

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THE OPERATION IS BEING PERFORMED