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01 January
2025
SARAS informs auditors/audit firms of important news they should consider before January 2025
SARAS Publishes Information on the Implementation of the New EU Corporate Sustainability Reporting Requirements in Georgia
The implementation of the new directives in the country is a complex issue and will clearly be the step-by-step process. The new regulatory framework will help investors, civil society, consumers and other stakeholders to assess the company's sustainable development potential and current performance in the context of EU legislative initiatives to strengthen the green economy.
The Department of Accounting and Reporting Supervision Held an Information Meeting for the 3rd and 4th Category Entities
The purpose of the meeting was to simplify the reporting process for accountable entities and to promote quality reporting and timely submission
The Head of SARAS is a Speaker at the Panel Discussion of the Sustainable Finance Forum Organized by the National Bank of Georgia and the International Finance Corporation (IFC).
The Forum, established in 2018, is an important platform for fruitful discussions with various stakeholders on the development of sustainable finance in Georgia and other countries with growing economies.
SARAS Publishes the Draft Order of the Head of SARAS on the Implementation of the Compliance System by an Obliged Entity in the Direction of AML/CFT to Receive Feedback from Interested Parties
Approval of the project will help the obliged entities accountable to SARAS in the direction of AML/CFT to fulfill their obligations under the Law of Georgia on Facilitating the Suppression of Money Laundering and Terrorism Financing
Non-compliances Identified as a Result of Financial Statements Reviews and Review Priorities – Fourth Edition
For the attention of entities, their auditors, regulatory/supervisory bodies and persons interested in financial statements, SARAS has developed a unified document, in an updated form, on non-compliances identified as a result of financial statements reviews and review priorities. In addition to the issues mentioned above, the document focuses on materiality and the characteristics of high-quality financial statements.
