SPECIALISTS PREPARED BY ARMENIAN ASSOCIATION OF ACCOUNTANTS AND AUDITORS TO BE IN GREATER DEMAND SOON
NOYAN TAPAN
OCTOBER 14, 2009
YEREVAN
YEREVAN, OCTOBER 14, NOYAN TAPAN. On the occasion of International Day
of Standards, RA Prime Minister Tigran Sargsyan visited on October
14 the RA National Institute of Standards, congratulated the staff
on their professional holiday, and familiarized himself with the work
and opportunities of the institute.
As the press service of the RA government reported, then T. Sargsyan
went to the accountancy instruction and publication center of the
Armenian Association of Accountants and Auditors where he handed
qualification certificates to the graduates of the accountancy courses
run by the Association.
Addressing himself to the graduates, the prime minister said that
serious problems still exist in accountancy and audit. According to
him, the activities of some economic entities are not transparent and
people do not trust the financial reports submitted by these entities,
which is a severe blow to the economic system. He stated that the
Association’s development will help increase the trust of society,
reduce unnecessary expenses and eliminate various mediatory links.
In his words, the specialists, including auditors, who were trained by
the Association, will soon be in greater demand in the labor market
because starting from 2010, the audit companies will carry an extra
burden: under the law, the activities of big enterprises shall be
examined by independent audit companies and the results of these
checks and the financial reports be published.
The prime minister said that some audit companies set their seals
to the reports without conducting any checks, in violation of the
accounting rules, and such companies should be removed from the
market. T. Sargsyan requested the management of the Association to pay
special attention to the issue of training highly qualified auditors
so that in 2010 they will assume their duties of conducting audits
at large enterprises.