CLIENTS

International organizations
• European Bank for Reconstruction and Development;
• “Eurasia” Foundation;
• South Caucasian and local project implementation organizations of the World Bank, USAID, Ministry of Economic Cooperation of Germany;
• “Cronimet Holding” LLC (Germany)
• "Leda Campus” LLC (USA);
• “GOPA consulting” LLC (Germany);
• “AIHA” LLC (USA);
• “Emerging Markets Group” LLC (USA).

Transport and Communication
• “ArmenTel” CJSC;
• “Armenian railway” CJSC.

Construction, production of construction materials
• “Shen-concern” CJSC;
• “Arpa-Sevan” OJSC;
• “Elit Group” CJSC;
• “Hermek” LLC;
• “Mika-Cement” CJSC;
• “Hydroenergashin” CJSC;
• “Bostan” LLC;
• “Adana” LLC;
• “Rat Shin” CJSC;
• “Zenit BC” CJSC
• “Leader Mobile” LLC

Industry
• “Plant of Pure Iron” OJSC;
• “Nairit” OJSC
• “Yerevan Jewelry Factory” CJSC;
• “Liqvor” CJSC;
• “Hytex Plastic” CJSC;
• “Tamara Fruit” CJSC
• “Yerevan art clock factory” OJSC;
• “Selena” OJSC;
• “Elektrasarq” OJSC;
• “Little Nare” OJSC;
• “Graf Rob” CJSC;
• «Noyemberyan bread» LLC
• “Lizin” OJSC;
• “Hovard” OJSC;
• “Raynovil Chemical Industry” CJSC;

Trade
• “Aray” LLC;
• “Star Divide” CJSC;
• “Tashir Invest Group” CJSC;
• “Armimpex” Concern CJSC;
• “Arcontract” CJSC;
• “Venlo” LLC;

Aviation
• “Zvartnots” International Airports CJSC;
• “Armenian Airways” CJSC;
• “Armenian International Airways” CJSC;
• “Arts enterprises tatians travel” LLC;
• “Avia Fueling” CJSC;

Health
• “Health Project Implementation Unit” SA;
• “Research Center of Maternal and Child Health Protection” CJSC;
• Scientific-practical Center of Forensic Medicine” CJSC;
• “University center for family planning and sexual health” CJSC;
• “Ararat Hospital” Medical Center CJSC;
• “Hematological Center after Professor R. Yolyan” CJSC;
• “Armenian-American Health Center” NGO.

Tourism
• “Erebuni-Tourist” LLC;
• Tourism Development Foundation in Armenia

Energetic
• “Team Energy” LLC;
• “Bazenc” CJSC;
• “M.I.P.H. Electrics” LLC;
• “Team Energy” CJSC.

Education
• “Yerevan State Medical University after Mkhitar Heratsi” SNCO;
• “Yerevan State Conservatory after Komitas” SNCO;
• “Yerevan State University of Architecture and Engineering” SNCO;
• “Yerevan State University of Linguistics after V. Bryusov” SNCO;
• Finance and Banking College;
• “Medical College Grigor Magistros” CJSC;
• “Erebuni Medical Nursing College» CJSC;
• “Basic Medical Nursing College» CJSC.

Publishing
• “Zangak-97” LLC;
• “Arevik” Publishing House CJSC.

Insurance and financial institutions
• “Renaissance Insurance” LLC;
• “Fintrust” OJSC;
• “Aregak” Universal Credit Organization CJSC;
• “Ecapital Asset Managment” CJSC.

Non-commercial organizations
• “SME DNC of Armenia” Foundation;
• Chamber of Commerce and Industry of Gegharkunik Region of RA;
• “Union of Apiarists and Apitherapy” NGO;
• Tufenkian Charity Foundation;
• “Regional development Center/Transparency international” NGO;
• “Gyumri Economic Consulting Society” NGO;
• “Union of Community Financiers” NGO;
• “COAF Charity Foundation for Children”;
• “Internews” NGO;
• “Human Health” HNGO;
• “Armenian Association of Management” NGO;
• “ANNA” National Consumers Association NGO;
• “Armenian Foundation of Seismic Protection”;
• “Armenian Alumni Association of Educational Projects of Japan International Cooperation Agency” NGO;
• “Education for Sustainable Development Foundation”;
• Charity Foundation for Research Center of Support of Maternal and Child Health Protection;

SERVICES

• Audits of annual and interim financial statements;
• Review of financial statements, agreed upon procedures;

• Introduction, restoration and conduct of accounting, preparation of financial statements;
• Restatement of financial statements from the Accounting Standards of the Republic of Armenia (ASRA) to International Financial Reporting Standards (IFRS) or to Generally Accepted Accounting Principles in the United States (US GAAP);

• Development of accounting policy;
• Development of working chart of accounts;
• Development of manual for accounting of sample operations;

• Financial Due diligence;
• Planning and calculation of taxes, duties and other mandatory payments;
• Professional expertise and consultancy on accounting, auditing, finances, economics; taxes, duties and other mandatory payments related issues;

• Assessment of assets and liabilities;
• Business plan development;
• Implementation of accounting software/system, training and after sales support;
• Publishing professional and methodological literature;
• Conduct of trainings on accounting and tax regulations.

ABOUT THE COMPANY

“TM Audit” CJSC was founded and was issued audit license in 1997. The founding partner of the Company, the Managing Partner and CEO is Mr. Tatul Movsisyan.
Ever since the company was founded, it has been providing a wide range of high-quality professional services to numerous international and local institutions and organisations, many of them being leaders in their fields.
The company considers it essential to meet clients’ expectations by efficient use of resources and to establish sound and lasting partnership with them.
Improvement of accounting and auditing systems are of significant importance to the Company and it renders assistance to the projects carried out to this effect.
The staff of our Company consists of highly trained professionals. They directly participated in drafting the Accounting Standards of the Republic of Armenia, Chart of Accounts, Financial Statement Package, initial accounting documents and registers. They give lectures in a number of educational institutions and organisations. Besides, they directly participated in the expertise of draft legal acts concerning legislation that regulates accounting, audit and tax relations.
Our professionals are authors of tens of books and papers, have been among the founders of the Association of Accountants and Auditors of Armenia, members of the governing body of this specialized institution, as well as members of the Republic of Armenia “Accountants’ Certification Committee” and RA Ministry of Finance and Economy “Auditors’ Qualification Committee”.
The company tenaciously adheres to the adopted principles; integrity, quality, professionalism, knowledge, experience, partnership, loyalty, development, success.

Integrity

Straightforward, impartial, objective and incorruptible behaviour is a matter of principle with us. This is an inseparable part of the Company’s image and the reason why we are listened to and confided in.
Quality
In the field where the Company operates the smallest omission is inexcusable. Excellent reputation achieved by the Company is too dear to us to allow ourselves any negligence.
Professionalism
Our professionals find precise answers even in the most intricate situations. There are neither unanswerable questions nor wrong answers to any questions in TM. Professional people are our main asset.
Knowledge
The Company emphasises life-long learning concept. Our specialists consistently keep themselves up to date in conditions of constant legislative and other changes that occur in the field.
Experience
The encompassing practice of the company combined with the broad experience of our specialists is the groundwork of the high quality of provided services.
Partnership
No company can survive let alone succeed without solid business relations. We attach a significant importance to establishing long-lasting partnership based on mutual trust.
Loyalty
Loyalty to clients; allegiance to principles; mutual commitment between the Company and the personnel.
Development
Applying new methods, approaches and techniques and improving them allows us to offer services that meet the demands of the time.
Success
The success of our clients’ business and that of our Company are highly interdependent. TM Audit’s mission is to make this combination a reality.

Thanks to all of this, the name of TM Audit combines client gratitude, lofty organisational values and high reputation of the Company.