EU DELEGATION TO ARMENIA ORGANIZES TRAINING SEMINARS FOR ARMENIAN NGOS

Noyan Tapan
Apr 6, 2010

YEREVAN, APRIL 6, NOYAN TAPAN. The Delegation of the European Union to
Armenia organized 2 training seminars on "Financial Procedures related
to EU grant contracts in Armenia", which were held on 30 and 31 March,
2010 at the Marriott Hotel in Yerevan.

The aim of the trainings was to provide comprehensive information on
financial and accounting matters related to EU grant contracts.

Training included an introduction to the best accountancy practices,
link between the Armenian tax laws, accounting standards and the
EU financial reporting requirements and a presentation of internal
control procedures.

More than 40 financial managers, accountants and project managers of
all the beneficiaries of grant contracts (Non State Actors (NGOs),
local authorities, public administrations, etc.) participated in the
trainings presented by the audit firm Grant Thornton Amyot.

According to a report provided to NT, given the positive feedback
from the participants, the Delegation will consider organizing other
trainings in the future, with an emphasis on accounting practises
and tax problems.