Service for Accounting, Reporting and Auditing Supervision

The reporting process for the 2023 reporting period has started! Please submit your reports, immediately, as soon as they are available

Recommendation for universities to claim exemption from auditor’s professional certification courses of auditors was placed on the SARAS web page

17/05/2021

The recommendation is related to the syllabuses for the professional certification of auditors. In case the syllabuses will be implemented universities can claim exemptions from professional certification courses.

An updated self-learning manual of Financial Reporting Standard for 4th Category Entities was placed on the SARAS web page

13/05/2021

With the support of the World Bank, an updated self-learning manual of Financial Reporting Standard for 4th Category Entities was placed on the SARAS web page

“Risk-based Supervision” - representatives of SARAS attended the webinar organized by FATF

07/05/2021

The one-day international webinar by the authors of The Financial Action Task Force’s (FATF) Risk-Based Supervision Guidance aimed to increase attendees' knowledge of risk-based supervision by sharing experiences

Revised IFRS Standards were published on the SARAS web page

29/04/2021

Georgian translation of the Blue Book of IFRS Standards 2021 is available on the SARAS web page

The checklist on performed engagements prepared under the International Standards of Assurance Engagement other than audits or reviews of historical financial information (ISAE) 3000 (Revised) - an important document for audit firms was published on the SARAS web page

29/04/2021

SARAS developed a recommendation document in order to improve the quality of auditing activities and prevent violation of regulatory legislation

The World Bank held an online meeting with universities

28/04/2021

The meeting aimed to review the future plans in connection with education