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01 January
2025
SARAS informs auditors/audit firms of important news they should consider before January 2025
SARAS publishes information on amendments to the Law of Georgia on Accounting, Reporting and Auditing and the subsequent Law of Georgia on Entrepreneurs
The adoption of the draft law marks a further step in the implementation of the
accounting and auditing reform in Georgia and brings the Georgian legislation
closer to the regulations of the European Parliament and the Council
accounting and auditing reform in Georgia and brings the Georgian legislation
closer to the regulations of the European Parliament and the Council
SARAS representatives participated in the event held as part of BARTA 2024, where the jury’s feedback was shared and emphasis was placed on the preparation of quality reports
Representatives of SARAS attended the event, where SARAS focused on the
inconsistencies revealed by the review of financial statements and the
characteristics of quality financial reports, as well as the importance of timely
reporting
inconsistencies revealed by the review of financial statements and the
characteristics of quality financial reports, as well as the importance of timely
reporting
Survey | For accountants and entity representatives
SARAS is beginning to organize a cycle of meetings, during which it will hold events throughout Georgia on the topic: Reports Submission Process
SARAS representatives participated in an event organized by the World Bank's Centre for Financial Reporting Reform (CFRR) in Austria to launch a new regional project - "Strengthening the Accounting, Auditing and Sustainability Reporting Program (EAASURE)"
The two-day knowledge-sharing event aims to bring together representatives from 11 beneficiary countries to discuss strategies for meeting new EU requirements and addressing the challenges of corporate financial and sustainability reporting
Updated versions of the regulatory standards of audit activities have been adopted
SARAS has adopted an updated version of the Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements, as well as an International Code of Ethics for Professional Accountants translated into the Georgian language
