World Bank Document

Auditors "Sodruzhestvo" (AAAS) (CIS). IFAC requires that its members, both associate and 
full, make their best efforts to comply with IFAC Statements of Membership Obligations 
(SMOs).
15
At present, the NAAA does not fully comply with these SMOs
16
. In 2005, NAAA has 
adopted the IFAC Code of Ethics. NAAA membership comprises 27 CIPAs (of the 50 currently 
practicing in Uzbekistan), 962 CAPs and approximately 2,500 associated members. NAAA 
members, which include the local member firms of international networks Deloitte & Touche, 
Ernst & Young and PricewaterhouseCoopers, work in both the public and private sectors. NAAA 
takes part in the drafting of NSA and NAS. 
41. Forty-four of the 134 audit firms in Uzbekistan are members of the CoA, including the 
local member firm of Deloitte & Touche, as are more than 600 auditors (of more than 1,200 
in the country). The CoA adapted the IFAC Code of Ethics in 2005 and recently has been 
attempting to enroll its member firms in a peer review program. The CoA participates in the 
development of NSA; it has not been admitted to IFAC membership yet. 
42. The ATBFD was founded in 2001 and currently comprises approximately 300 CAP and 
20 CIPA qualified professionals. It is a member of the Eurasian Council of Certified 
Accountants and Auditors (ECCAA) and intends to apply for IFAC membership in May 2009. 
ATBFD runs a certification program for trainers and is licensed to provide CPD courses. 
Although its ambition is to be leader in business education, ATBFD considers itself a 
professional accountancy body. Its programs are delivered primarily in Russian and its training 
materials were developed with the assistance of USAID. ATBFD has its own code of ethics, 
based on the IFAC Code; however, it does not award professional qualification.  
43.  Although professional bodies are involved in the development of the licensing program