Azerbaijan introduces a new form of reporting on public property

Baku, Fineko/ The State Committee on Property Issues of Azerbaijan has begun using a new special form of reporting on public property.

The Committee informs that a new special form of annual financial statements is applied in accordance with Cabinet Ministers’ Decision from 23 April 2008 "Special form of annual accounts on protection and use of state property".

The new form of reporting should be submitted by local executive authorities, companies, associations, joint stock companies and state companies before 1 April of every year to the State Committee on Property Issues. The information provided on the special form of reporting is added to Committee’s single database. If necessary, the Committee monitors the reporter businesses and organizations, the results of which are submitted to the Cabinet and the President.

The main purpose of the introduction of the special form of reporting is to analyze the situation with state property use, define the actual condition, protection and efficiency of use, and strengthen supervision in this area.


10.11.2011 12:54


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