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31 December
2019
For the attention of audit firms, auditors and other stakeholders, the SARAS considers it reasonable to publish the information on the planned directions of the quality control system monitoring in 2019. In addition to the planned directions, the document also includes: types of monitoring, monitoring timeframe provided in the legislation, monitoring commencement indicators and description of monitoring processes. (see link)
Final meeting was held regarding the project “Facilitating IV Category Enterprises’ Financing through Improved Financial Statements"
The Service for Accounting, Reporting and Auditing Supervision with the support of its donor organizations has held a final meeting regarding simplifying the financial reporting standards and self-study materials
The representative of the Service attended the meeting held by the PCAOB in the US
The representative of the Service attended the 12th Annual Meeting of the International Institute for audit oversight held by the PCAOB in the US, to learn about the PCAOB’s approaches and for cooperation of participating parties with regard to important issues of audit
The workshops on the topic - “Facilitating IV Category Enterprises’ Financing through Improved Financial Statements" were held in Tbilisi
The Service for Accounting, Reporting and Auditing Supervision with support of its donor organizations held workshops with the representatives of IV category enterprises and other stakeholders regarding simplifying financial reporting standards
Self-learning material on the financial reporting standards for the IV category enterprises
For maximum simplification of the implementation process of the Financial Reporting Standards for the IV category enterprises, the SARAS has developed a self-learning material for the IV category enterprises in the framework of the technical support project of UK Good Governance Fund
Representatives of SARAS attended events held in Vienna
Representatives of SARAS attended the events organized by the World Bank’s CFRR in Vienna. The events aimed to share experience regarding the implementation process of the reform, transparency, high-quality financial statements, importance of professional education for economic integration
SARAS held the working meeting with Mongolian delegation
On the initiative of Georgian Chamber of Commerce and industry, representatives of SARAS met the delegation of Mongolian National Chamber of Commerce and industry
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