Document from CIS Legislation database © 2003-2021 SojuzPravoInform LLC

RESOLUTION OF THE CABINET OF MINISTERS OF THE AZERBAIJAN REPUBLIC

of May 22, 2019 No. 237

About approval of "Rules of the organization of process of issue of the certificate of the professional accountant, holding examinations and maintaining the state register of persons who received the certificate of the professional accountant"

(as amended of the Resolution of the Cabinet of Ministers of the Azerbaijan Republic of 11.06.2021 No. 169)

For the purpose of ensuring execution of subitem 1.6.2 of the Presidential decree of the Azerbaijan Republic of June 1, 2018 "About modification of the Presidential decree of the Azerbaijan Republic of February 7, 2005 No. 192 "About application of the Law of the Azerbaijan Republic of May 4, 2018 No. 1140 "About introduction of amendments to the Law of the Azerbaijan Republic "About financial accounting" and application of the Law of the Azerbaijan Republic "About financial accounting" the Cabinet of Ministers of the Azerbaijan Republic DECIDES: No. 105

1. Approve "Rules of the organization of process of issue of the certificate of the professional accountant, holding examinations and maintaining the state register of persons who received the certificate of the professional accountant" it (is applied).

2. Changes can be made to this Resolution according to the Item 2.6-1 "Regulations on Procedure for Preparation and Acceptance of Regulatory Legal Acts of Executive Bodies", No. 772 approved by the Presidential decree of the Azerbaijan Republic of August 24, 2002.

Prime Minister of the Azerbaijan Republic

Nowruz Mamedov

Approved by the Resolution of the Cabinet of Ministers of the Azerbaijan Republic of May 22, 2019 No. 237

Rules of the organization of process of issue of the certificate of the professional accountant, holding examinations and maintaining the state register of persons who received the certificate of the professional accountant

1. General provisions

1.1. These rules are developed according to requirements of article 14-1 of the Law of the Azerbaijan Republic "About financial accounting" and determine the organization of process of issue of the certificate of the professional accountant in the Azerbaijan Republic, holding examinations and maintaining the state register of persons who received the certificate of the professional accountant, and also form the certificate of the professional accountant.

1.2. Receipt of the right of the professional accountant in the Azerbaijan Republic requires the following:

1.2.1. have the appropriate certificate provided for professional accountants according to the Law of the Azerbaijan Republic "About financial accounting";

1.2.2. be member of the professional accounting organization.

1.3. Professional accountants acquire the right to render professional accounting services according to appearance of the certificate which they have.

2. Organization of process of issue of the certificate of the professional accountant and holding examinations.

2.1. The organization of process of issue of the certificate of the professional accountant and holding examinations is performed by the State Examination Center of the Azerbaijan Republic (further - the Center).

2.2. The center determines set of tasks (further - set of tasks) for examinations in each type of certificates, stipulated in Item 3.2 these rules, and technology of holding examinations in coordination with the Ministry of Finance of the Azerbaijan Republic (further - the Ministry of Finance).

2.3. Due to the organization of process of issue of the certificate of the professional accountant the Center performs the following:

2.3.1. determines the schedule of examinations;

2.3.2. regularly carries out expertize of set of tasks, annually updates at least 20 percent and claims according to these rules;

2.3.3. constitutes the list of the correct answers to set of tasks and provides their storage in specially selected database with maintaining confidentiality;

2.3.4. declares documents acceptance at least a month before date of examination;

2.3.5. accepts the documents specified in Item 2.10 of these rules in connection with holding examinations;

2.3.6. by results of examination within 15 days issues appropriate certificates of the professional accountant, stipulated in Item 3.2 these rules;

2.3.7. considers and solves questions according to statements, claims and offers in connection with the organization, carrying out and results of examination;

2.3.8. in 10 days prior to holding examination informs each candidate who will participate at examination for receipt of the certificate of the professional accountant;

2.3.9. distributes the schedule of examinations and the candidate list which will participate at examination, via the website in the Internet, press organs, and also through specialized editions;

2.3.10. assigns personal identification code for each candidate who will participate at examination;

2.3.11. determines supervisors at examination.

2.4. Set of tasks is constituted by the Center with involvement of the specialists recommended by the Ministry of Finance.

2.5. Certification is carried out by means of two-stage examination.

2.6. The first stage of examination includes questions by the legislation on financial accounting, and the second stage - questions according to the budget, tax, civil and labor law.

2.7. Questions on financial accounting are constituted according to the conforming standards and the rules:

2.7.1. International accounting standards for Subjects of the Small and Medium Business;

2.7.2. International accounting standards;

2.7.3. International accounting standards for the Public Sector;

2.7.4. Rules of financial accounting according to International accounting standards for Subjects of the Small and Medium Business;

2.7.5. Rules of financial accounting according to International accounting standards;

2.7.6. Rules of financial accounting according to International accounting standards for the Public Sector.

2.8. The candidate who submitted the application for receipt of the certificate of the professional accountant under International Financial Reporting Standards or the certificate of the professional accountant under International Financial Reporting Standards for Subjects of the Small and Medium Business is exempted from the first stage of the held examination if has any of the following certificates:

2.8.1. document on successful passing an examination of FR - "Financial Reporting" of Association of Exclusive and Certified Public accountants or certificate of "DipIFR";

2.8.2. the certificate of F2 "Advanced Financial Reporting" of Institute of Exclusive Managing Accountants (CIMA - Chartered Institute of Management Accountants);

2.8.3. the certificate of The Certified Public Accountant organization (CPA - Certified Public Accountant);

2.8.4. certificate of Association of Exclusive Accountants;

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.