The supervisory and auditing bodies meet in the Central Bank of Iraq
Baghdad today – The supervisory and auditing bodies in the Iraqi Central Bank, on Sunday, held a meeting, chaired by the Governor of the Bank, Ali Al-Alaq.
The central bank said in a statement, received (Baghdad today) a copy of it, that “a meeting of the bank held today under the chairmanship of the Governor, and the presence of the President of the Office of Financial Supervision, the head of the board of Securities, and the captain of accountants and auditors, and Vice-President of the Iraqi Association of Certified Public Accountants, and representatives of international audit firms (KPMG, Ernst & Young, Price Waterhouse Coopers). ”
The statement added, “The meeting dealt with prospects for professional work and legal requirements with respect to auditing professions and provide professional consulting provided by those companies.”
The participants stressed the importance of the role played by these companies in different aspects, and the need to establish legal frameworks for auditing and advisory functions.
The statement said, “It will be a meeting later held at the headquarters of the Association of Accountants and Auditors to adapt the things that were trading between the various entities replaced.”