Eurasian Forum In Baku To Feature Signing Of Cooperation Memoranda
Date
9/19/2024 3:10:05 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 19. The VIII
Eurasian Forum of Accountants and Auditors will feature the signing
of cooperation memoranda in Baku, Chair of the Association of
Professional financial Managers (APFM) Nuriyya Novruzova said
during the forum in Baku on September 19, Trend
reports.
"Today, with the increasing focus on transparency and
strengthened financial oversight, it's important to emphasize the
transition to sustainable financial accounting standards.
Comprehensive measures, implemented with the economic realities of
the new era in mind, have helped improve the country's financial
accounting system in line with international requirements.
This conference offers a unique opportunity to discuss global
challenges and prospects in key areas such as sustainable
development, reporting, and transparency. We are confident that
sharing advanced experiences in this field will be a significant
step towards further enhancing transparency and creating favorable
conditions to address existing issues," she also said.
According to her, since 2007, APFM has successfully implemented
projects aimed at training finance professionals, focusing on their
continuous professional development.
"During the forum, memoranda of cooperation will be signed with
professional organizations from other countries, laying the
foundation for long-term partnerships," she added.
To note, the forum is expected to feature speeches by
Azerbaijan's Deputy Minister of Finance Azer Bayramov, the Minister
of Finance of the Nakhchivan Autonomous Republic Hasan Ismayilov,
Vice President of the International Union of Economists (IUE) Ziyad
Samadzada, President of the International Federation of Accountants
(IFAC), Asmaa Resmouki, and others.
The forum's topics include the development of SOCAR's (State Oil
Company of Azerbaijan) sustainability reports in recent years and
new sustainability-related requirements in financial reporting; the
role of tax policy in the green economy; how state auditors are
responding to the climate crisis and energy transition; and
Azerbaijan 2030: legal regulation of sustainable financing and the
ESG agenda.
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