The adoption of the draft law marks a further step in the implementation of the
accounting and auditing reform in Georgia and brings the Georgian legislation
closer to the regulations of the European Parliament and the Council

Representatives of SARAS attended the event, where SARAS focused on the
inconsistencies revealed by the review of financial statements and the
characteristics of quality financial reports, as well as the importance of timely
reporting

SARAS is beginning to organize a cycle of meetings, during which it will hold events throughout Georgia on the topic: Reports Submission Process

The two-day knowledge-sharing event aims to bring together representatives from 11 beneficiary countries to discuss strategies for meeting new EU requirements and addressing the challenges of corporate financial and sustainability reporting

The meeting will take place offline on 14 June 2024

SARAS has adopted an updated version of the Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements, as well as an International Code of Ethics for Professional Accountants translated into the Georgian language