- Introduce a Development First half of reliable information funds 2014 partners’ Introduce systems creating International conditions for successful Financial passing of audit; Accounting Standards - Attract audit companies Development Second half of Elaborate from the top 20 audit funds 2014 partners’ Build an recommendations companies on the basis of effective to improve internal a competitive tender for system of control, accounting conducting audit of internal and reporting business companies’ controls, systems processes; accounting and reporting systems. - Perform full-scale audit in JSC Power Plants, JSC Development First half of NES of Kyrgyzstan, and funds 2015 partners’ distribution companies by international audit companies from the Top 20 audit companies. First half of Draft resolution of - Increase competence of 2014 the GoKR “On members of the General Selection of a Introducing Directorate of energy manager with Additions into companies by determining the experience Development Resolution No. 513 new selection criteria and of profitable funds partners’ of the GoKR, dated conduct of open management July 20, 2012 “On competitive selection. confirmed by Measures to company’s Improve Efficiency financial of the Management reporting and System of having a vision commercial of the Company companies”. Development (Regulation on Strategy for 2-3 qualifications
- Introduce a reliable information systems creating conditions for successful passing of audit; - Attract audit companies from the top 20 audit companies on the basis of a competitive tender for conducting audit of companies’ business processes; - Perform full-scale audit in JSC Power Plants, JSC NES of Kyrgyzstan, and distribution companies by international audit companies from the Top 20 audit companies. - Increase competence of members of the General Directorate of energy companies by determining new selection criteria and conduct of open competitive selection. Introduce International Financial Accounting Standards Build an effective system of internal controls, accounting and reporting systems. Selection of a manager with the experience of profitable management confirmed by company’s financial reporting and having a vision of the Company Development Strategy for 2-3 Elaborate recommendations to improve internal control, accounting and reporting systems Draft resolution of the GoKR “On Introducing Additions into Resolution No. 513 of the GoKR, dated July 20, 2012 “On Measures to Improve Efficiency of the Management System of commercial companies”. (Regulation on qualifications Development partners’ funds Development partners’ funds Development partners’ funds Development partners’ funds First half of 2014 Second half of 2014 First half of 2015 First half of 2014
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