ABSENCE OF CONFLICT
OF INTEREST DECLARATION
In order to guarantee the impartiality of the audit results, an absence of conflict of interest Declaration with the audited company must be signed by the auditor in a written form. This declaration includes the following main terms:
Absence of commercial relation between AFA and the audited company.
In case the auditor has been part of the staff of the audited company, more than three years should have been elapsed since he/she left his/her position and no financial interest should exist between the auditor and the company.