Grant Thornton Amiot: NASDAQ OMX Armenia stock exchange’s financial reports true
YEREVAN, July 16. /ARKA/. NASDAQ OMX Armenia Stock Exchange’s financial reports are true, Grant Thornton Amyot, Armenian audit and consulting company said after auditing the stock exchange’s 2008 activity.
According to the report, the company has audited the stock exchange’s detailed financial reports including accounting balance, financial results, changes in the capital and cash flows and the brief description of accounting policy.
Grant Thornton Amiot also summarized the results of overhaul of Armenian Central Depository’s financial reports.
NASDAQ OMX Armenia (Armenian Stock Exchange OJSC until January 27,2009) was founded in 2001 as a self-regulating organization, a voluntary association of 21 brokerage firms.
Early in November 2007, the stock exchange was transformed to an OJSC. On January 7, 2008, OMX (at present NASDAQ OMX) became sole owner of NASDAQ OMX Armenia.
On June 5, 2009, the stock exchange became the same owner of the Central Depository of Armenia.
Mow 26 companies, including 19 banks, are members of NASDAQ OMX Armenia.
Grant Thornton launched its activities in Armenia yet in 1991.
In 1994, the French company opened a branch in Armenia.
The branch was later reorganized into Grant Thornton Amyot Company providing audit and consulting services.
Grant Thornton Amyot LLC is a full member of Grant Thornton International, a global organization of accounting and consulting member firms which provide assurance, tax and specialist advisory services (SAS) to privately held businesses, public interest entities, and public sector entities.
The company renders these services also to financial institutions, including 25 banks, dozens of credit and insurance companies and funds, in Armenia, Georgia, Tajikistan and other countries. -0---
