An amendment was made to the “Rule for Customer Registration on the Reporting Portal, Reporting of Statements by the Entities and Publication of Submitted Information” adopted under the Order № N-6 of the Head of SARAS of May 21, 2019

On the basis of the Order № N-4 of the Head of SARAS of April 29, 2020 the “Rule for Maintaining the Unified Registry of Certified Accountants” has been adopted 

An amendment was made to the Order № N-13 of the Head of SARAS of August 18, 2017 on the “Approval of the Continuing Education Standard” 

Considering the current circumstances due to COVID-19 coronavirus pandemic, SARAS is planning to hold online meetings with interested parties to discuss hot topics of the field  

From 2020 onwards, using a single window principle, annual and semi-annual reports prescribed by the Law of Georgia on “Securities Market” will be submitted to the National Bank of Georgia electronically, through reportal.ge

IFAC published Staff Audit Practice Alert that highlights areas of focus in an evolving audit environment due to the impact of COVID-19. It provides guidance to auditors on how to change their approaches to certain matters, and highlights relevant ISAs to be considered regarding specific matters. 

Please view Staff Audit Practice Alert.