Yesterday, on March 30, the Cabinet of Ministers of Ukraine approved changes to the Ukrainian passport, said Deputy Head of the Presidential Administration Dmitry Shymkiv, RBK-Ukraine (РБК-Україна) reports.
“Yesterday, the government approved the identity card that will replace the national passport”, - said Shymkiv.
Meantime, he did not provide any information about features and design of the new Ukrainian ID document.
Мінекономрозвитку пропонує встановити критерії для аудиторів які будуть проводити аудит держкомпаній
The MEDT to introduce selection criteria for auditors
The Ministry of Economic Development and Trade (MEDT) proposes to establish selection criteria the companies that will carry out audit of state-owned companies are to address. This initiative is set out in the CMU’s draft resolution, BankNews reports.
The Ministry offers to resolve that only the company experienced in the field of audit can check state-owned companies with over UAH 250 million in assets (have the audit services order for the recent three years), with income of not less than UAH 10 million a year within three years and insurance coverage of not less than UAH 10 million. Such company should also have not less than 25 auditors on staff, employed full time, with, at least, five auditors holding one of the qualification certificates issued by the companies - members of the International Federation of Accountants (IFAC), i.e. the Association of Chartered Certified Accountants (ACCA), American Institute of Chartered Public Accountants (AICPA) or Institute of Chartered Accountants in England and Wales (ICAEW).
Among other things, the MEDT offers to introduce tougher criteria for companies undertaking to audit state-owned companies with assets worth over UAH 2 billion or net income exceeding UAH 1.5 billion, as well as management bodies governing the provision of rail public transport.
Such an auditor should have the annual income of at least 30 million for the past three years, insurance coverage for damages of at least 50 million USD. Its staff should comprise, at least, 100 employees, including 20 auditors permanently employed, who hold the qualification certificate (ACCA, AICPA or ICAEW).
