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

Summary of 2023 Results

30/12/2023

SARAS continues to implement important reforms, and sums up the results of 2023

An Amendment was Made to the Normative Act of SARAS

29/12/2023

An amendment was made to the Order № N-16 of 25 September 2017 of the Head of the Service for Accounting, Reporting and Auditing Supervision

SARAS Received Expert Support on Enforcement and Investigation Issues as Part of a Project Funded by the European Union

26/12/2023

The aim of the project – Facility for the Implementation of the EU-Georgia Association Agreement II – is to further strengthen and improve the capacity of Georgian public institutions by introducing the European best practices

SARAS Held an Information Meeting for Obliged Entities within the Framework of the Law of Georgia on Facilitating the Suppression of Money Laundering and Terrorism Financing

25/12/2023

The purpose of the online information meeting is to inform interested parties about the Rule for Understanding the Customer’s Ownership and Control (Governance) Structure and Identification and Verification of a Beneficial Owner by the Obliged Entity

New International Standard on Auditing for Less Complex Entities (ISA for LCE) issued by IAASB

20/12/2023

The introduction of the Standard will help maintain confidence in financial reporting and promote the consistent application of auditing standards to LCEs

The SARAS Anti-Money Laundering Department participated in the 66th Moneyval Plenary Session in Strasbourg

20/12/2023

The participation of SARAS in this event is important in terms of sharing the latest news and challenges at an international level