Title:Introduction of International Accounting Standards in the Tajikistan Power Sector
Budget:450,000 EUR
Country:Tajikistan
Dates: October, 2001 - May, 2003
Partner: BETS (Bangladesh)
Funding:ADB

Corporate Solutions was awarded a contract by the Asian Development Bank to assist Barki Tajik with the implementation of accounting procedures in line with IFRS and the introduction of effective business planning and financial management practices.
The new accounting procedures were applied to prepare the company's International Financial Reporting Standards (IFRS) financial statements for the years 2000 and 2001, which were audited by an international auditor.
The project team also defined and implemented a computerised accounting and management reporting system and trained the staff of Barki Tajik.
In 2004 ADB awarded Corporate Solutions a new contract to assist Barki Tajik with strengthening of the financial management and reporting systems at its subsidiary enterprises.