The workshop organized by the World Bank was held in Kyiv

Within the framework of STAREP (Strengthening Auditing and Reporting in the Countries of the Eastern Partnership) program, the workshop organized by CFRR (The World Bank Centre for Financial Reporting Reform) on - Keeping Financial Reporting Relevant: Focus on Micro, Small and Medium Enterprises – was held on 26-27 April, 2017, Kyiv, Ukraine. The workshop aimed to discuss specific issues related to the difficulties of implementing the accounting Euro directives.

STAREP is the World Bank program that launched on 1 October, 2013 and brings together Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. The program supports the development of transparent policy environments and effective institutional frameworks for corporate reporting in Eastern Partnership countries.

The workshop was attended by the representatives from the Service for Accounting, Reporting and Auditing Supervision Subdivision of the Ministry of Finance of Georgia, the board member of the Service for Accounting, Reporting and Auditing Supervision Subdivision of the Ministry of Finance of Georgia and representatives from professional organizations.

In the frames of the workshop, representatives of the participating countries were able to discuss the processes and results related to the accounting-reporting reform and to exchange the experience. Through the presentation, representatives of the Service informed the audience about the accounting requirements that arose due to the enactment of the law of Georgia On Accounting, Reporting and Audit, 26 June, 2016 and discussed the current condition of the reform.