 Companies with annual turnover exceeding AMD 1 billion subject to obligatory auditOctober 22, 2009 - 19:13 AMT PanARMENIAN.Net - The Government of Armenia on 22 October amended the law "On Financial Report", setting the boundaries for obligatory audit and publishing the annual accounts of companies with annual turnover surpassing AMD 1 billion. As the Minister of Finance Tigran Davtyan said, the changes will help medium-sized businesses with annual turnover with 500 million AMD in 2009 to overcome the transition period in 2010, and in 2011 they will subject to the earlier law.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Armenia considers Cyprus as one of its main partners in EU - envoy  Armenia considers Cyprus one of its main partners in the European Union, Ambassador Tigran Mkrtchyan has said.Armenian, Albanian Foreign Ministers discuss ties, regional issues Armenian Foreign Minister Ararat Mirzoyan had a meeting with the Minister of Foreign Affairs of Albania Igli Hasani.POLITICO: Baku lobbying agains detained Karabakh ex-leader abroad Azerbaijan is lobbying agains former Nagorno-Karabakh leader Ruben Vardanyan, according to POLITICO.Armenia confirms will attend NATO summit in Washington Armenia has confirmed its participation in the NATO summit in Washington, a spokesperson has confirmed. |
