LAW ON “INNER AUDIT” APPROVED
Today the executive body approved to make some changes and redefine the law on “Inner Audit” and “Reserve System”. “In the result of redefining the law, united and global audit organizations should carry out their activities in Armenia,” said Karen Brutyan of the Ministry of Finance and Economy.
According to him the mission of setting inner audit is the welfare of the organization. “We should try not to notify the negative sides, but to help to improve their labor duties,” he said. Brutyan said that every company should have its own separated inner audit system, which will evaluate every factor.
“The specialists will not only evaluate the financial side of the company. And the Ministry of Finance will evaluate the work of the specialists,” he said.