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Armenian CB Revises Terms Of Contest For Selection Of An Internation

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  • Armenian CB Revises Terms Of Contest For Selection Of An Internation

    ARMENIAN CB REVISES TERMS OF CONTEST FOR SELECTION OF AN INTERNATIONAL AUDITORY COMPANY FOR AUDIT OF ITS FINANCIAL REPORT FOR 2007

    ArmInfo
    2007-09-11 11:24:00

    Armenian Central Bank revises the terms of its open contest for
    selection of an international auditory company for audit of its
    financial reports for 2007. Armenian Central Bank press-service told
    ArmInfo that the deadline for applications is September 20 2007 at
    5:00 instead of September 7 as it was reported earlier. The bids
    will be considered starting from September 24 at 5:00 pm instead
    of September 10 as it was envisaged before. The final session for
    summary of the contest results is scheduled for September 28 at 5:00
    pm instead of September 17 as it was envisaged before. The bids are
    submitted to the Central Bank.

    The source reports that contest participants must meet the contest
    requirements. The bids may imply up to three years of cooperation. If
    a bid provides for more than one year of cooperation, the financial
    conditions must be presented in details.

    To recap, Grant Thornton Amyot (GTA) audited the financial report of
    the Armenian CB for 2004 and 2005, KPMG-Armenia audited the report
    for 2006.
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