01 October 2018

Important information for first and second category and public interest entities

According to the paragraph 12, item 28 of the Georgian Law (June 8, 2016), public interest entities, first and second category entities and groups of first and second category shall present statements to the Service no later than October 1, 2018

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Implementation program of IFRS for SMEs for second and third size category entities enters its active phase

SARAS, representatives of USAID project - “G4G” (Governing for Growth) and participant parties of the IFRS for SMEs implementation grant program organized the presentation regarding the training component of the trainers

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SARAS held events aiming to raise awareness regarding the accounting and reporting reform in Zugdidi

On initiative of SARAS and with support of Samegrelo-Zemo Svaneti office of the Georgian Chamber of Commerce and Industry presentations aiming to raise awareness regarding the accounting and reporting reform were held

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ICAEW launches ADB’s regional technical assistance program for Georgia

On the initiative of SARAS, ICAEW launched the implementation of a regional technical assistance program funded by ADB. The program aims to improve the quality of auditors/audit firms registered in Georgia

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Representatives of ICAEW's Quality Assurance Department visited Georgia

Within the ADB’s regional technical assistance program, representatives of ICAEW's Quality Assurance Department (QAD) visited Georgia

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Program to promote implementation of the IFRS for SMEs for the second and third category entities

Program to promote implementation of the IFRS for SMEs for the second and third category entities initiated by SARAS has started within he USAID G4G project “Governing for Growth” and with the support of the World Bank

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Amendments were made to the decree

On July 18, 2018, amendments were made to the “the rule of recognition of the professional certification standard, certification programs and examination process” adopted under the order N16 (September 25, 2017) of the Head of the SARAS.