FCMC Appoints Ernst & Young as Financial Auditor for 2007
OREANDA-NEWS. December 10, 2007. Financial and Capital Market Commission (FCMC) announced the appointment of Messrs. Ernst & Young as its independent auditors to audit and review the FY 2007 Financial Statements, reported the press-centre of FCMC.
Ernst & Young also earlier served as external auditors for the Commission.
The FCMC will pay a fee of LVL 4.130 for auditing the annual financial statements.
As previously reported, the FCMC FY 2006 revenues totaled 2 906 thousand lats. According to the FCMC’s financial statements, the 2006 achievement exceeded the target (2 902 thousand lats) by 0,15 percent.
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