Ministry of Finance creates depositary of financial accounting of all public companies
Astana. March 12. Kazakhstan Today - The Ministry of Finance of Kazakhstan creates depository of financial accounting of all public companies of the country. The Director of Department of Methodology of State Assets Management of the Ministry of Finance of Kazakhstan Zhamilya Aytzhanova said today at the press conference, the agency reports.
"The Ministry of Finance creates depositary of financial accounting where all the public companies will submit financial accounting," Z. Aytzhanova said.
She reminded that, according to the law of accounting, public organizations are financial organizations, all joint-stock companies, all subsoil users and the republican state enterprises. "All these companies will submit depositary of financial accounting," the representative of the Ministry of Finance emphasized.
Any Internet user, from any point of the world can receive this financial report, study, compare and draw conclusions: whether it is made according to the international standards, whether this or that company is transparent," Z. Aytzhanova explained.
"We think that it will indirectly assist struggle against corruption, and transparency of the economy of the country. This information will be in short supply for the international rating companies," she added.
Resourse: Kazakhstan Today