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01 January
2025
SARAS informs auditors/audit firms of important news they should consider before January 2025
Future of SMPs: Practice Marketing and Communications - the World Bank held 5th webinar
The meeting is the part of webinar series held by the World Bank within the frames of the World Bank and the European Union joint Project – Financial Inclusion and Accountability
Notice to Entities
According to the Georgian law on “Accounting, Reporting and Auditing” entities are required to submit their 2020 financial statements no later than October 1
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
