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Signing of a contract to audit the annual financial statements of the Municipality of Paphos

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<p data-block-key=The contract was signed for the audit of the annual financial statements of the Municipality of Paphos for the years 2017 – 2026.

< p data-block-key="36kof">According to an announcement by the Municipality, it is the first Municipality in Cyprus which, having secured the approval of the Auditor General of the Republic, announced a relevant tender and signed today at the Municipal Hall of Paphos, a contract with the contracting company Yiallourides & Partners Ltd with the purpose of auditing its annual financial statements for the years 2017 to 2026.

It should be noted that the Municipality in accordance with article 81 (1) of the Municipalities Law of 1985, regularly submitted its financial statements for audit every year to the Auditor General.

The contracts were signed on behalf of the Municipality of Paphos by Mayor Phaidonas Phaidonos and on behalf of contractor company Director George Giallouridis.

The date of commencement of the execution of the Object of the Contract is the date of signing this. The amount of the contract amounts to €107,064 including VAT.

Source: KYPE

Source: reporter.com.cy

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