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

ADB has approved Capacity Building Support to Georgia on ‘Audit Quality Assurance System`

The ADB  has approved the project within its ongoing regional technical assistance implementation program for strengthening ‘Audit Quality Assurance System`  

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Translation of the IFRS 2017 was introduced

Translation of the IFRS 2017 was published on the SARAS website

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Two more IFRS for SMEs awareness events were held in Batumi and Kutaisi

The Service for Accounting, Reporting and Auditing Supervision of the Ministry of Finance of Georgia, the Georgian Chamber of Commerce and Industry and the Academy of the Ministry of Finance of Georgia organized meetings with the representatives of small and medium-sized entities in Batumi and Kutaisi

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Within the Good Governance Fund (GGF) British Government approved Technical Assistance project aiming to develop simplified standard of financial reporting for fourth category enterprises

British Government will assist SARAS to develop simplified standard of financial reporting for fourth category enterprises

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Another event aiming to raise awareness regarding IFRS for SMEs was held

Georgian Employers' Association (GEA) held the event aiming to raise awareness regarding IFRS for SMEs in collaboration with the Service for Accounting, Reporting and Auditing Supervision

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Decree on adoption of international standards related to audit activity in Georgian language is signed off

The Service published the adopted International Standards on Auditing, International Standard on Quality Control and the Code of Ethics for Professional Accountants in Georgian language on the official website

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