About the Association of Accountants of Armenia

History and mission

The Association of Accountants of Armenia was founded on November 10, 2014, at the initiative of representatives from several dozen accounting firms operating in Armenia. It is a public organization that, adopting the slogan "Education, Qualification, Supervision," aims to enhance the professional and social responsibility of accountants and contribute to the development of the accounting and tax system in the Republic of Armenia. This, in turn, will improve the business environment and foster the growth of the country's economy and civil society.

The Association, as an integral part of its mission, emphasizes the promotion of adherence to professional ethics standards and the demonstration of lawful conduct by accountants. One of the main tasks of the Association is to identify the prevailing issues in the sector through accountants and present them to the relevant authorities, working towards their resolution. To achieve its mission, the Association actively collaborates with numerous accountants and accounting firms, organizing and conducting training and retraining courses (TRC), providing legislative updates and consultations, organizing diverse team-building events, and offering and servicing automation programs for accounting and tax reporting, human resources management (HR), and customer service (CRM) systems.

The Association of Accountants of Armenia is currently actively collaborating with 45 accounting firms in Armenia, which serve over 14,000 taxpayers. Being part of various state bodies and public councils, the Association collects and analyzes the issues faced by its member accountants in their legal practice and makes proposals to state bodies involved in formulating relevant policies and administration, thereby improving the legislative framework of the business environment through consistent efforts.

The goals of the Association, as defined by the legislation of the Republic of Armenia, are as follows:

To support the development of the accounting and tax reporting system and its activities in Armenia.
To contribute to the development of civil society by enhancing the professional and social responsibility of accountants, including the development of state-private partnerships.
To participate representatively in public discussions regarding legal acts and documentation related to business operators in the sector and committees established in state, international, and other organizations, and to promote the protection of public interests.
To assist the Government of Armenia in developing and implementing regulations for special tax reporting.
To promote the educational recognition of the Association by relevant (professional) international organizations and foreign and local specialists in the field.
To support the acquisition of professional skills and experience by the members of the Association.
To assist in the protection of the rights and legitimate interests of the Association's members.

The activities of the Association include, as stipulated by law:

Participation in the drafting of legal acts related to accounting and tax reporting.
Providing members with information on legal acts and professional literature of the Republic of Armenia.
Organizing and conducting training and educational courses for accountants.
Publishing professional journals, informational leaflets, magazines, and books.
Conducting research in accounting and tax reporting, as well as related fields.
Providing legal, organizational, and other advisory functions to its members within the framework of the Association's statutory activities.
Coordinating, analyzing, summarizing, and disseminating the work experience of providers of accounting and tax reporting services.
Collaborating with international organizations and foreign companies providing accounting and tax reporting services for the purpose of exchanging experiences and practical communication.
Implementing other activities aimed at achieving the statutory goals of the Association.

The core values adopted by the Association are:

Integrity
Objectivity
Reliability
Responsibility
Transparency
Confidentiality
Professionalism
Innovation