Council Sessions

The governing bodies of the association are the Conference and the Council. The Council is elected during the Conference for a four (4) year term. The Council conducts its work in the form of sessions, which are convened at least once every two months. Unscheduled sessions of the Council may be convened at the request of one-third of the members of the Council or the President of the Association. The Council:

  • makes recommendations to the Conference on the resolution of issues within its exclusive competence;
  • acknowledges a member of the Association, if this function is not assigned to a professional committee or the original organization of the Association, expels a member from the Association;
  • elects the President of the Association among its members, early dismisses them from their position; - imposes rewards and penalties on members of the Association;
  • carries out the day-to-day affairs of the Association between conferences;
  • determines the amount of entrance fee and membership fee to the Association;
  • establishes professional commissions, approves the main provisions of the commissions' activities, as well as their statutes, establishes and dissolves specific subdivisions, institutions, professional commissions, and primary organizations (which are established in the communities of the republic and administrative districts of Yerevan city), approves their statutes, appoints their executives;
  • makes decisions on bringing officials of the Association to property liability;
  • decides on the management and disposal of any type of property, the value of which exceeds AMD 1.000.000 (one million), including financial resources, as well as on conducting monetary transactions exceeding AMD 1.000.000 (one million).

The Council may discuss issues and make decisions if more than half of the Council members are present. Decisions of the Council are adopted by a simple majority of votes of the Council members participating in the Council session. In case of a tie vote, the President of the Council has the casting vote. The powers of a member of the Council are deemed to be terminated early based on their application to the Council for termination of membership, based on the law or the present statute, as well as in cases of unexcused absence of two sessions of the Council within a year without prior notice.

UNSCHEDULED SESSION OF THE ASSOCIATION COUNCIL 2026-09-22

UNSCHEDULED SESSION OF THE ASSOCIATION COUNCIL 2026-09-22

On September 22, 2026, the extraordinary session of the Council of the “Association of Accountants of Armenia” NGO (hereinafter referred to as the Association) was held, addressing the following agenda item:
Discussion of the fulfillment of the membership requirements and approval of the membership of “FinTex Consulting” LLC, a legal entity that applied for membership in the Association.
Thirteen out of the 15 members of the Association's Council participated in the session, with 4 present in person and 9 participating remotely.
All 13 members voted in favor of the agenda item and approved the membership of “FinTex Consulting” LLC in the Association.
We congratulate our partners and wish them continued success and new achievements.

22.09.2026

REGULAR SESSION OF THE ASSOCIATION'S BOARD, 2026-07-15

REGULAR SESSION OF THE ASSOCIATION'S BOARD, 2026-07-15

On July 15, the regular session of the Board of the "Association of Accountants of Armenia" NGO took place, addressing the following agenda items:

  1. Discussion and confirmation of the fulfillment of membership requirements by individuals who applied to join the Association, and approval of their admission,
  2. Discussion and approval of the termination of membership of individual members of the Association,
  3. Discussion and approval of the expulsion of individual members from the Association,
  4. Discussion and approval of a monetary transaction exceeding one million drams,
  5. Setting the Membership Fee Amount.

The session was attended by 13 of the Association Board's 15 members, of whom 4 were present in person and 9 remotely.
All 13 members voted in favor of the agenda items and approved the list of candidates who had applied for membership and met the membership requirements — 55 individuals in total; the list of members who had submitted applications to terminate their membership in the Association — 28 individuals in total; and the list of members to be expelled from the Association — 8 individuals in total.
We congratulate the Association's new members and wish them continued success.

15.07.2026

REGULAR MEETING OF THE ASSOCIATION'S COUNCIL 2026-01-09

REGULAR MEETING OF THE ASSOCIATION'S COUNCIL 2026-01-09

On January 9, a regular meeting of the Council of the "Association of Accountants of Armenia" public organization took place with the following agenda items:
1. Discussion of the fulfillment of membership requirements by applicants for Association membership and approval of membership,
2. Discussion and approval of termination of membership of Association members,
3. Discussion and approval of removal of Association members from membership,
4. Discussion and approval of financial transactions exceeding one million drams.
The meeting was attended by 15 members of the Association's Council, of which 5 were present in person and 10 remotely.
All 15 members voted in favor of the agenda items and approved the list of candidates who applied for Association membership and met the membership requirements - 38 persons in total, the list of members who submitted applications to terminate their membership in the Association - 37 persons in total, and the list of those to be removed from Association membership - 4 persons in total.
We congratulate the new members of the Association and wish them continued success.

09.01.2026

ԱՍՈՑԻԱՑԻԱՅԻ ԽՈՐՀՐԴԻ ՀԵՐԹԱԿԱՆ ՆԻՍՏ 2025-07-09

UNSCHEDULED SESSION OF THE ASSOCIATION COUNCIL 2025-07-09

On July 9, the regular session of the Council of the “Association of Accountants of Armenia” NGO (hereinafter referred to as the Association) was held, with the following agenda items:

  1. Discussion and approval of the membership applications of individuals seeking to join the Association;
  2. Discussion and approval of the termination of membership for certain members of the Association;
  3. Discussion and approval of the expulsion of certain members from the Association.

Twelve members of the Council participated in the session, 4 of whom were present in person, while 8 participated remotely.
All 12 members voted in favor of the agenda items and approved the following:

  • The list of 62 individuals who met the membership criteria and were admitted as new members of the Association;
  • The list of 36 individuals who submitted requests to terminate their membership;
  • The list of 4 individuals whose membership was revoked.

Congratulations to the new members of the Association, and we wish them continued success in their professional journey!

09.07.2025

ԱՍՈՑԻԱՑԻԱՅԻ ԽՈՐՀՐԴԻ ԱՐՏԱՀԵՐԹ ՆԻՍՏ 2025-02-03

UNSCHEDULED SESSION OF THE ASSOCIATION COUNCIL 2025-02-03

On February 3, 2025, the extraordinary session of the Council of the “Association of Accountants of Armenia” NGO (hereinafter referred to as the Association) was held, addressing the following agenda issues:

  1. Early termination of the President's powers at their own initiative;
  2. Election of a new President.

All 15 members of the Association's Council participated in the session, with 8 present in person and 7 participating remotely. All 15 members voted in favor of the agenda items.
We express our gratitude to Vahagn Hambardzumyan for his invaluable contribution to the establishment and progress of the Association over the years. Congratulations to Hermine Tovmasyan on being elected as the President of the Association, and we wish her continued success and new initiatives in the pursuit of the Association's development!

03.02.2025

ԱՍՈՑԻԱՑԻԱՅԻ ԽՈՐՀՐԴԻ ՀԵՐԹԱԿԱՆ ՆԻՍՏ 2025-01-10

UNSCHEDULED SESSION OF THE ASSOCIATION COUNCIL 2025-01-10

On January 10, 2025, the regular session of the Council of the “Association of Accountants of Armenia” NGO (hereinafter referred to as the Association) was held, with the following agenda issues:

  1. Discussion and approval of the membership applications of individuals seeking to join the Association;
  2. Discussion and approval of the termination of membership for certain members of the Association;
  3. Discussion and approval of the expulsion of certain members from the Association;
  4. Approval of transactions exceeding 1,000,000 AMD (one million);
  5. Determination of the membership fee amounts.

Fourteen out of the 15 Council members participated in the session, with 5 present in person and 9 participating remotely.
All 14 members voted in favor of the agenda items and approved the list of 14 individuals who met the membership criteria for joining the Association, the list of 6 individuals who requested to terminate their membership, the list of 3 individuals to be expelled from the Association, as well as the other two agenda items.
Congratulations to the new members of the Association, and we wish them continued success!

10.01.2025