Azerbaijan, UK discuss innovation in auditing ahead of MoU signing

Azerbaijan's Chamber of Auditors and the Institute of Chartered Accountants in England and Wales (ICAEW) are set to sign a memorandum of understanding in Baku this September, aimed at boosting cooperation in audit innovation and professional training.

Thus, the agreement was reached during a visit by the Chamber’s Chairman, Vahid Novruzov, to London at the invitation of ICAEW President Malcolm Bacchus, Caliber.Az reports, citing Azerbaijan's Chamber of Auditors.

During the meeting, the two sides explored ways to strengthen collaboration in areas such as the integration of innovative practices in auditing, enhancing transparency, joint project participation, and the development of skilled professionals in the field.

By Aghakazim Guliyev