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

  1. ALL NEWS

A virtual event was held for Small- and Medium-Sized Practices (SMPs)

Within the EU Twinning project – Enhancing Accounting and Audit Quality in Georgia - a virtual event was held for the SMPs operating in Georgia

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From 2020 onwards, the rule for submitting annual and semi-annual interim statements to the National Bank as defined by the Law of Georgia on “Securities market” has been changed for accountable entities

Accountable entities shall submit their 2019 audited annual statements in accordance to updated rules (NBG Decree of April 8, 2020), no later than June 30, 2020.

See detailed information at the link. 

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SARAS representatives attended the meeting of the 2nd thematic group of the EU-Georgia Association Agreement Sub-committee on economic and sector integration held in the Ministry of Foreign Affairs

The meeting was dedicated to evaluation of Georgia-EU sectoral integration progress 

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Research – a new section on SARAS web page

Research section is added to the official web page of SARAS. Researches, statistical products and important analytical information regarding the Reform, based on SARAS information resources, will be available there 

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World Bank conducts a survey of auditors and audit firms to assess the impact of COVID-19

World Bank Office in Georgia, with support of SARAS and PAO, conducts a survey of auditors and audit firms to assess the impact of COVID-19 on the audit market

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Position of Georgia on updating IFRS for SMEs Standard

SARAS submitted a comment letter on the exposure draft of IFRS for SMEs Standard to the World Bank, reflecting a consolidated position of Georgia  

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