Representatives of the SARAS attended the World Standard-setters Conference organized by the International Accounting Standards Board. It was the first time that representatives from Georgia participated in the meeting concerning introduction to the latest updates on International Financial Reporting Standards

Under the order of the head of the Service for Accounting, Reporting and Auditing Supervision Subdivision of the Ministry of Finance of Georgia, the professional certification standard and the rule for recognition of the certification programs and examination process was adopted

The Ministry of Finance of Georgia, the Service for Accounting, Reporting and Auditing Supervision Subdivision of the Ministry of Finance of Georgia and the International Financial Reporting Standards Foundation Corporation (IFRS Foundation Corporation) signed the agreement regarding adoption and publication of IFRS requirements

The rule for reporting of financial /non-financial statements and audit opinion was adopted and the relevant web-page tab was launched on September 21, 2017

The Service for Accounting, Reporting and Auditing Supervision Subdivision of the Ministry of Finance of Georgia held the presentation concerning the process of reporting and publication of financial/non-financial statements on September 20, 2017

The State Procurement Agency published the statement of the Ministry of Regional Development and Infrastructure of Georgia concerning construction tender offers announced through the state procurement process on the official web-page which sets out additional requirements for audit of the financial statements of the entities taking part in the construction tenders