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01 January
2025
SARAS informs auditors/audit firms of important news they should consider before January 2025
Training on Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) Compliance for Accountants and Auditors was held
The training was held within the Project - “Enhancing the systems of prevention and combating corruption, money laundering and terrorism financing in Georgia” (EU/CoE Partnership for Good Governance joint program)
Winners Announced for 2021 Best Annual Report and Transparency Award
The annual award is intended to encourage compliance with new reporting regulations, foster healthy competition between companies, and improve the overall quality of corporate reporting
Useful informational material for SMPs was placed on the SARAS web page
The video-recordings of the series of webinars and reading materials developed by the World Bank to support SMPs are available on the SARAS web page
The submission rate of regulated / supervised entities
More than 58 thousand entities have already submitted 2020 financial statements. At the moment, administering process of the annual reports is in progress and final submission rate will be announced at the end of the year by SARAS
IFRS Foundation announces three significant developments
According to the IFRS Foundation, there is a need for investors and other providers to create internationally comparable standards for sustainable development that will provide them with the information they need and help them make informed decisions
“IFRS Standards and Management Commentary – Main Updates” - SARAS held an online meeting
SARAS and IFRS Foundation, with the support of the European Union-World Bank joint Financial Inclusion and Accountability Project, held an online workshop for PIEs, I and II category entities and their serving auditors
