The reporting process for the 2023 reporting period has started! Please submit your reports, immediately, as soon as they are available

IFIAR’s 14th inspection workshop was held in USA

Representatives of SARAS attended IFIAR’s 14th inspection workshop

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For the attention of the members of the Georgian Association of Independent Accountants and Auditors (GAIAA)

An amendment was made to the registry of certificate programs recognized by SARAS 

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Practice Statement 2 – “Making Materiality Judgements” – was translated into Georgian

On the initiative of SARAS, Practice Statement 2 – “Making Materiality Judgements” issued by the International Accounting Standards Board (IASB), was translated into Georgian. The document is published on the SARAS webpage and is available to any interested party. 

Quality control system monitoring directions for 2020

For the attention of audit firms, auditors and other stakeholders, SARAS publishes the information on the planned directions of the quality control system monitoring for 2020. The document describes types of monitoring, timeframe, indicators for commencement of the monitoring and its process (see the link). 

Updating annual information by auditors/audit firms

Submitting 2019 information on revenue/number of employees by auditors and audit firms

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Compliance rate of annual reporting exceeded 90% in 2019

26 000 entities submitted their annual reports to SARAS

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