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The Government of Georgia approved strategy for the development of SMEs in 2021-2025
The main goal of the strategy, developed with the participation of SARAS, is to promote long-term sustainable growth of SME sector and to restore the positive trends of pre-pandemic economy
IAASB will adopt a new Standard for audits of less complex entities
IAASB has developed a draft standard that is proportionate to the typical nature and circumstance of an audit of a less complex entity and is responsive to stakeholders challenges
SARAS is moving to the New Electronic Communication System
Given the number of inquiries received via email, SARAS is moving to the new and more flexible electronic communication system, which will simplify getting answers to questions at a relatively short date
An amendment was made to the normative act of SARAS
On July 19, 2021, by the Order №N-13, there was made an amendment to “The Rule about Registering Users, Reporting and Disclosure by the Entities on the Reporting Website” approved by the Order №N-6 of the Head of the SARAS dated May 21, 2019
An amendment was made to the normative act of the SARAS
On July 16, 2021, an amendment was made to the decree N-9 (July 12, 2017) issued by the SARAS - “the Rule of Quality Control System Monitoring Performance.”
