The World Bank in cooperation with the Georgian Federation of Professional Accountants and Auditors has developed a 6-week course for accountants of the third category enterprises, which at this point is funded by the World Bank's and the EU's joint Project to Enhance Financial Inclusion and Accountability in Georgia

In the system of the Service for Accounting, Reporting and Auditing Supervision a working group was created to facilitate the reporting and auditing reform, which unites the representatives of the interested institutional stakeholders

The grant program for promoting the implementation of IFRS for SMEs intended for second and third category enterprises, initiated by the SARAS and carried out within the scope of the United States Agency for International Development (USAID) project "Governing for Growth" (G4G), is almost implemented

On May 16, 2019, the Head of the Service for Accounting, Reporting and Auditing Supervision of the Ministry of Finance issued the Order Nn-5 on "Approval of the Rule of Granting a title of Certified Accountant".

A bilateral cooperation protocol was signed between the SARAS and the Hellenic Accounting and Auditing Standards Oversight Board on joint efforts in the field of audit oversight

For the 3rd category enterprises and 3rd category groups, the SARAS has developed a guide to initial application of IFRS for SMEs