In order to strengthen the field of accounting and reporting and to improve the quality of submitted financial statements, the Service for Accounting, Reporting and Auditing Supervision of the Ministry of Finance held a series of meetings in Western and Eastern Georgia on the topic: Sumbission of Statements and Registration in the Registry of Accountants/Accounting Firms.
The subordinate normative acts developed by SARAS aim to raise awareness among obliged entities and help them provide services in accordance with the law.
At the meeting, SARAS representatives informed the EU side on the progress of the accounting, reporting and auditing reform, discussed the steps taken to promote the fight against money laundering and terrorism financing, as well as the results achieved in 2022, and focused on the main challenges for 2023
Representatives of SARAS spoke about topics such as the process of submitting reports, common mistakes made during the submission process, challenges faced by accountants providing professional services and accounting firms in relation to money laundering and terrorism financing, and their registries
The aim of the event was to raise awareness of the importance of quality financial reporting and the need for appropriate professional training in this area