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International Financial Reporting for Non Profit Organizations – Georgia is becoming a participant of an international project
The project is initiated by Humentum and CIPFA and aims at developing internationally applicable financial reporting standard for Non Profit Organizations (NPOs)
In which case are the I and II category entities allowed to use the simplified rule to write off the damaged/spoiled inventories
According to the amendment of the Order N994 of the Minister of Finance of 31.10.2010, I and II category entities (if they meet certain requirements) will be able to use the simplified rule to write off the damaged/spoiled inventories
The World Bank conducted a survey to assess the impact of the COVID-19 on the market for audit services
The report summarizes the key findings from the survey and concludes with some recommendations for auditors and audit firms in Georgia
Trainings will be held for the entities accountable to the National Center for Educational Quality Enhancement (NCEQE)
Within the framework of the memorandum signed by SARAS and the NCEQE, trainings on functioning of the reporting system will be held for the entities accountable to the Center
A working Group is set up to develop and enhance the regulations related to the Unified Registry of Certified Accountants
The working group will discuss key issues related to the Registry and develop recommendations
