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The document ceased to be valid since January 1, 2020 according to article 31 of the Law of the Republic of Armenia of December 20, 2019 No. ZR-283 

LAW OF THE REPUBLIC OF ARMENIA

of January 31, 2003 NZR-512

About auditor activities

(as amended on 27-04-2020)

Accepted by National Assembly of the Republic of Armenia on December 26, 2002

Chapter I. General provisions

Article 1. Subject of regulation of the Law

This Law establishes bases of implementation of auditor activities in the Republic of Armenia and regulates the relations connected with auditor activities.

Article 2. Law coverage

Operation of this Law extends to the auditor activities performed in the territory of the Republic of Armenia.

External audit in the public (public) sector is called audit and is regulated by the Law of the Republic of Armenia "About Auditor chamber".

Article 3. Regulatory legal acts about auditor activities

Regulatory legal acts about auditor activities consist of this Law, other laws containing the regulations concerning auditor activities, the orders of the Government of the Republic of Armenia, and also other legal acts adopted by the authorized Government of the Republic of Armenia state body (further - authorized body).

Article 4. The basic concepts used in the Law

The stated below concepts are used in this Law in the following sense:

auditor service - audit and (or) auditor monitoring;

person performing audit – auditing organization;

auditing organization - the legal entity rendering auditor services;

the audited face - the legal entity, organization or the individual entrepreneur to whom auditor services are rendered;

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