Accounting practices to be improved in Mongolia

Accountants and financial inspectors will also be trained to be more aware of laws. The Chief of the State Specialized Inspection Agency, R.Sodkhuu, and the President of the Institute of Accountants, L.Enkh-Amgalan, signed a memorandum of cooperation on April 1 to ensure observance of better bookkeeping methods in state-owned and budget organizations, to practice better risk management and to set up a more transparent data base.

Source : News.mn