ARMENIA HAS 26 LICENSED AUDIT COMPANIES AND 8 PRIVATE AUDITS OPERATING ON ITS TERRITORY

PanARMENIAN.Net
09.12.2009 18:09 GMT+04:00

/PanARMENIAN.Net/ Over the past months of 2009, Armenia’s Ministry
of Finance granted license to 13 audit companies, Ministry’s press
service reports. In the same period, 10 licenses were terminated,
6 – suspended and 7 restored.

Fines imposed on auditing companies in the reporting period totaled
AMD 1.250 million.

In January-November 2009, the entities above AMD 7.78 state duties in
manner prescribed by law. Of this sum, AMD 6. 78 million was collected
from audit companies and AMD 301 500 – from private audits.

As of December 1, 2009, there are 26 licensed audit companies and 8
private audits operating on the territory of Armenia.