Continuing Education Standard has been adopted

Continuing Education Standard’ was developed according to the Georgian `Law on Accounting, Reporting and Auditing’ in compliance with the requirements set by the International Educational Standards (IES) of the International Federation of Accountants (IFAC).

Aiming To maintain qualification of a certified accountant, the standard determines continuing education program, legal basis for its implementation and recognition.

According to the standard, a certified accountant must comply with the continuing education requirement no later than December 31 of each year and must submit relevant information to the professional organization no later than January 31 of the next year.