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“Standard and Poor’s” agency kept the international loan rating of Azerbaijan as stable in a special assessment***The Milli Majlis adopts a law on the execution of the state budget for 2016***Ministry of Finance recommends referring to official data in statements about IBA***

National Accounting Standard for Budget Organizations

 National Accounting Standard for Budget Organizations № 1 “Presentation of Financial Statements”
 National Accounting Standard for Budget Organizations № 2 “Cash Flow Statements”
 National Accounting Standard for Budget Organization № 3 “Accounting Policies, Changes in Accounting Estimates and Errors”
 National Accounting Standard for Budget Organization № 4 “The Effect of Change in Foreign Exchange Rates”
 National Accounting Standard for Budget Organizations № 5 “Borrowing Costs”
 National Accounting Standard for Budget Organizations № 6 “Consolidated and Separate Financial Statements”
 National Accounting Standard for Budget Organizations № 7 “Investments in Associates”
 National Accounting Standard for Budget Organizations № 8 “Interests in Joint Ventures”
 National Accounting Standard for Budget Organizations № 9 “Revenue from Exchange Transactions”
 National Accounting Standard for Budget Organizations №10 “Financial Reporting in Hyper-inflationary Economies”
 National Accounting Standard for Budget Organization № 11 “Construction Contracts”
 National Accounting Standard for Budget Organization № 12 “Inventories”
 National Accounting Standard for Budget Organizations № 13 “Leases”
 National Accounting Standard for Budget Organization № 14 “Events after the Reporting Date”
 National Accounting Standard for Budget Organizations № 15 “Financial Instruments: Disclosure and Presentation”
 National Accounting Standard for Budget Organizations № 16 “Investment Property”
 National Accounting Standard for Budget Organizations № 17 “Property, Plant and Equipment”
 National Accounting Standard for Budget Organizations № 18 “Segment Reporting”
 National Accounting Standard for Budget Organizations № 19 “Provisions, Contingent Liabilities and Contingent Assets”
 National Accounting Standard for Budget Organizations № 20 “Related Party Disclosures“
 National Accounting Standard for Budget Organizations № 21 “Impairment of Non-Cash-Generating Assets”
 National Accounting Standard for Budget Organizations № 22 “Disclosure of Financial Information about the General Government Sector”
 National Accounting Standard for Budget Organizations № 23 “Revenue from Non-Exchange Transactions (Taxes and Transfers)”
 National Accounting Standard for Budget Organizations № 24 “Presentation of Budget Information in Financial Statements”
  Attachment 1: Statement of financial Condition
  Attachment 2: Statement of financial perfomance
  Attachment 3: Statement of Changes in Equity
  Attachment 4: Cash Flow Statement
  Attachment 5: Chart of Accounts