Azerbaijani Chamber of Auditors profit decreased

15:56 - 4.06.2020


June 4, Fineko/abc.az. The Chamber of Auditors of Azerbaijan completed 2019 with profit of AZN 8,000, ABC.AZ informs with reference to Chamber’s report.

According to the report, the figure is by 6.9 times less than in 2018.

Last year’s operating income of the Chamber of Auditors amounted to AZN 968,000 (25.1% more than a year earlier). Operating expenses of the institution for the reporting term amounted to AZN 960,000 (33.3% more).

As of 1 January 2020 Chamber’s assets amounted to AZN 474,000 (9.7% more than a year earlier). For the reporting term organization’s liabilities grew by 77.3% up to AZN 78,000, while its balance sheet capital increased by 2.1% up to AZN 396,000.