<h1>Memorandum of Understanding establishes cross-border cooperation on professional accountancy training, audit quality monitoring and technology adoption.</h1> A Memorandum of Understanding between The Institute of Chartered Accountants of India and The Chamber of Auditors of the Republic of Azerbaijan establishes mutual cooperation in member management, professional ethics, technical research, continuing professional development, professional accountancy training and audit quality monitoring, and provides for exchange of publications, joint conferences and trainings, collaborative studies on innovative audit and accounting methods including blockchain, smart contracts and cloud accounting, and cooperation in combating corruption and money laundering.