RESOLUTION OF THE PRESIDENT OF TURKMENISTAN

of December 17, 1998 No. 3996

About formation of the balance sheet commissions

For the purpose of development of methodological bases of intrasystem control of the organization of financial accounting and the reporting in the ministries, departments, at the companies, in the organizations and organizations. irrespective of patterns of ownership, I decide:

1. Form under the Ministry of Economics and finance of Turkmenistan the Central balance sheet commission, and also the balance sheet commissions under the ministries, departments and hyakimlika of welayats.

2. Approve enclosed:

Regulations on the Central balance sheet commission under the Ministry of Economics and finance of Turkmenistan.

3. To the Ministry of Economics and finance of Turkmenistan:

organize work of the balance sheet commissions in all territory of Turkmenistan;

together with the Ministry of Justice of Turkmenistan to prepare offers on modification and the amendments in the current legislation following from this resolution in a month and to provide them to the Cabinet of Ministers of Turkmenistan.

Approved by the resolution of the President of Turkmenistan of December 17, 1998 No. 3996

Regulations on the Central balance sheet commission under the Ministry of Economics and finance of Turkmenistan

1. The central balance sheet commission (further the referred to as Commission) is formed under the Ministry of Economics and finance of Turkmenistan and performs the activities for the purpose of development of methodological bases of intrasystem control of the organization of financial accounting and the reporting in the ministries, departments, at the companies, in the organizations and organizations, irrespective of patterns of ownership, and also check of accuracy of the data of financial accounting and the reporting.

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