The Chamber of Auditors of Azerbaijan has signed a Memorandum of Understanding (MoU) on cooperation with the Institute of Chartered Accountants of Pakistan (ICAP), Report informs.

The memorandum was signed by the Chairman of the Chamber, Vahid Novruzov, and the President of ICAP, Muhammad Ali Latif.

In the memorandum, the parties agree to share their views on the accounting and auditing professions, both domestically and internationally. At the same time, they will explore opportunities to work together on issues of mutual interest, including developing recognition measures and membership pathways for qualified members of both sides and exchanging technical or other information for the benefit of the profession.