OREANDA-NEWS. February 07, 2014. Over 30 business and banking institutions representatives participated in a seminar on internal audit and control within the corporate governance today in Chisinau.

The training was organised by the Moldovan Chamber of Commerce and Industry (CCI), in partnership with the International Finance Corporation (IFC).

An IFC Associate operations officer, Yuliya Holodkova, led the seminar. The expert presented peculiarities and models of internal audit and control from other countries’ experience, the process of organising, planning and conducting internal audits and control, research, documentation and reporting activities.

The head of the CCI Economic Development Department, Sergiu Harea, noted that the workshop’s aim was to familiarise participants with the principles of internal audit and control in banks and joint stock companies. "Economic agents who want to develop their business are interested in implementing the corporate governance principles, as they represent a key indicator for foreign partners. Many banks and foreign capital companies operating in Moldova have already implemented corporate governance elements, being guided by international practices, "said Sergiu Harea.

Given the needs and requests of the economic agents, CCI of Moldova, along with the International Finance Corporation in 2014 will organise a string of topic-related seminars in the sector, including at CCI branches.

The partnership between CCI and IFC was launched with the signing of a collaboration memorandum in February 2012.