The SARAS and the World Bank held the IFRS Academic Workshop in partnership with the IFRS foundation

The amendments were made in “the rule for reporting of financial /non-financial statements and audit report by the entities, reporting of simplified version of financial statements by the enterprise of the third category, publication of submitted information, the structure of the reporting portal and customer registration”, "templates of the financial statements" and "templates of the consolidated financial statements" adopted by the decree N15 of  September 18, 2017 of the head of the SARAS

Service for Accounting, Reporting and Auditing Supervision - Subdivision of the Ministry of Finance of Georgia made  amendments in the decree N17 of 28 October 2016 “The determination of the rules of forming web-page and register, its structure, form, information indication and identification procedures, which aimed to improve the process of registration and obtaining proper information”.

Service for Accounting, Reporting and Auditing Supervision - Subdivision of the Ministry of Finance of Georgia made amendments in the decree №ნ-9 of 12 July 2017 „The Rule for Performing Quality Control System Monitoring”

Service for Accounting, Reporting and Auditing Supervision - Subdivision of the Ministry of Finance of Georgia on October 31, 2017 made amendments in the decree №ნ-3 of 24 March,"Simplified Procedure of Professional Certification"

Georgian translation of the IFRS for SMEs, 2015 is now available on the official website of the Service for Accounting, Reporting and Auditing Supervision Subdivision of the Ministry of Finance of Georgia and the International Financial Reporting Standards Foundation (IFRS Foundation)