The online event served to demonstrate reporting system for the representatives of III and IV category entities

The meeting is the part of webinar series held by the World Bank within the frames of the World Bank and the European Union joint Project – Financial Inclusion and Accountability

According to the Georgian law on “Accounting, Reporting and Auditing” entities are required to submit their 2020 financial statements no later than October 1

The meeting focused on the main aspects of future cooperation between the parties 

The main goal of the strategy, developed with the participation of SARAS, is to promote long-term sustainable growth of SME sector and to restore the positive trends of pre-pandemic economy

IAASB has developed a draft standard that is proportionate to the typical nature and circumstance of an audit of a less complex entity and is responsive to stakeholders challenges