The Association of Professional Financial Managers of Azerbaijan (APFM) has officially been awarded the status of Professional Accountancy Organization!

The Association of Professional Financial Managers of Azerbaijan (APFM) has officially been awarded the status of Professional Accountancy Organization!

In accordance with the Resolution of the Ministry of Finance of the Republic of Azerbaijan dated August 26, 2019, q-01, following the requirements of paragraph 2.2 of the Rules of Accreditation of Professional Accountants, approved by the Resolution of the Cabinet of Ministers of the Republic of Azerbaijan # 204 of May 2, 2019, APFM is accredited as a Professional Accountancy Organization.

Due to the recent changes in the Law of the Republic of Azerbaijan "On Accounting" and following the requirements of the Law, the need to increase the professional level of accountants emphasizes the importance of APFM's activities in this area. The Association organizes appropriate trainings for the preparation for the Professional Accountant Certification exams.

Applicants applying for a Professional Accounting Certificate in IFRS are exempted from the first stage of the examination held by the State Examination Center in case they have ICFM International Qualification (Diploma in IFRS) offered by the Association.

Congratulations to all APFM members on this great achievement and wish them future successes!