BSC JOURNAL № XXIV
Wednesday, 13 May 2026
AZ / EN
EST. 2015
§ Section 02 — About

One name. A decade.
Zero compromise.

BSC Audit and Advisory was founded in 2015 in Baku by Samiq Babayev. Our mission was simple — and remains so: to deliver independent, honest audit services in full alignment with international standards.

S

Samiq Babayev

Founder · Lead Auditor

"When I founded BSC, I held to one principle: to know the client's financial story better than they do themselves. Every audit we deliver today reflects that principle."

— Samiq

Baku, 2015. The financial market had no shortage of audit firms — but most of them simply produced reports rather than truly understanding the client. Samiq Babayev saw this gap and founded BSC Audit and Advisory.

In our first year, we started with a small team and a handful of clients. Every audit meant not just document review but a deep understanding of the client's business. The approach quickly paid off — one client brought two, two brought five.

A great auditor doesn't check numbers — they understand the decisions behind them.

Today, with nearly 10 years of experience, we have served more than 200 client organisations across Azerbaijan's banking, insurance, construction, oil & gas and IT sectors, providing audit, tax and advisory services. Our team is composed of professionals certified by ACCA, CPA and other international bodies.

Each year brings new standards, new technologies, new challenges. But one thing remains unchanged: independence, transparency, professionalism. These aren't just words — they're facts visible in every audit report we deliver.

§ Our values

Built on three
pillars.

All of our audit work rests on these three values. We don't compromise on any of them — this is the first promise we make to every client.

i.

Independence

No conflicts of interest. Opinions based purely on facts and international standards. We're guided not by our client's wishes but by the reality the numbers reveal.

ii.

Transparency

Every step is documented; every finding is explained. Our client knows what happened at every stage of the audit, why it happened, and what the results mean for them.

iii.

Confidentiality

Client information is held sacred. In line with the international audit code of ethics, every data point is protected with the highest security standards available.

§ The journey

Ten years, step
by step.

BSC's path from 2015 to today — from a small team to one of Azerbaijan's leading independent audit firms.

BSC was founded

Audit practice launched in Baku by Samiq Babayev with a small founding team.

2015
2017

First 50 clients

Active expansion into banking and insurance sectors; ACCA-certified auditors joined the team.

IFRS services launched

Added IFRS-aligned consulting and transformation services to our practice.

2019
2021

Internal audit & risk department

Specialised internal audit and corporate governance department opened. 100+ active clients reached.

Forensic audit launched

Financial fraud investigation and corporate dispute expertise added to our service lineup.

2023
2025

200+ client organisations

Over 10 years: 200+ active client organisations, 850+ completed audits. Innovation and growth continue.

AUDITED
2025
Annual statement · 2025

The numbers don't lie.

Active client organisations 200+
Completed audits (over 10 years) 850+
Years in market 10 yrs
Client retention rate 98%
Sectors of expertise 12
Professional team members 25+
International certifications (ACCA, CPA, CFA) 47
Client trust
Samiq Babayev
Founder · Lead Auditor
Baku, 2025
Date of issue
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