President Sargsyan Received Delegation Of Ernst And Young

PRESIDENT SARGSYAN RECEIVED DELEGATION OF ERNST AND YOUNG

RIA OREANDA
Nov 6 2008
Russia

Yerevan. OREANDA-NEWS . November 05, 2008. President Serzh Sargsyan
received the delegation of Ernst and Young – one of the worlds
leading professional companies providing auditing services, headed
by the Chairman of the Board of Directors and the Chief Executive
Officer of the company, James Turley, reported the Official website
.

The company has been working in the Armenian market for over ten
year now and intends to expand its activities and open its office
in Yerevan.

The President of Armenia welcomed the initiative of Ernst and Young
to expand its activities in Armenia considering the companys high
repute and role, as well as the decades long experience in auditing,
tax, legal and consultative services.

Serzh Sargsyan said that these areas were not sufficiently developed in
Armenia yet. In recent years, the Government of Armenia has undertaken
steps toward the significant improvement of the areas of accounting
and audit and with this regard it needs assistance.

Noting, that currently there are also other internationally commended
firms providing auditing services in Armenia, the President of
Armenia expressed confidence that vigorous activities would foster
the development of these areas, particularly, for the establishment
of competitive environment, sharing international experience and
for the improvement of the quality of the services provided by the
local companies.

The Chairman of the Board of Directors and the Chief Executive
Officer of Ernst and Young, James Turley explained the decision to
expand activities in Armenia by the growth of the Armenian economy
and market and deepening international integration.

He also noted that the company was ready to provide assistance to
the growing business community of Armenia in the framework of a wide
range of services supplied by the company.

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