Finance policy of Economic Research Center
This instruction is the collection of the rules what’s purpose to provide effective management of finance-accounting activity, inculuding internal accounting management rules and to customize financial system of Economic Research Center.
The activity of union is based on The Constution of Azerbaijan Republic, The civil Code, Law about Non –governmental Organisations, Grant law, The Tax Code and other laws of Azerbaijan Republic.
All initial documents which were compiled and Introduced to subsidiary have to correspond demands of The Law about Accounting and Tax code of Azerbaijan Republic. The chief accountant has to be charged to compile accounting register, timetables based on initial documents , the Law of Accounting of Azerbaijan Republic, and taking registers corresponded to legislation on the accounting programs of computer . Finally, accounting and tax reports has to be compiled and introduced to the necessary government organizations in time .
Accounting year– financial year period is 01 january– 31 december
The contest of this direction can be changed only with consent of adminstrative board.