Closing event of the Project to Support the implementation of the International Financial Reporting Standard for Small- and Medium-sized Entities

On June 21, 2019 the closing event of the Project to support the implementation of the International Financial Reporting Standard for Small- and Medium-Sized Entities was held  in the Ministry of Finance of Georgia.

The event was attended by international donor organizations, representatives of the third category entities participated in pilot training, IFRS for SMEs trainers, and the representatives of business associations and professional organizations.

The speakers discussed the benefits of the IFRS for SMEs, the importance of the project, the implemented work and future plans.

International donors expressed their readiness to finance IFRS for SMEs training, which will be held mainly in the regions of Georgia.

We would like to remind that within the frame of USAID project "Governing for Growth" (G4G) the training for Georgian and English trainers were held, training and presentation materials tailored to Georgia were prepared, pilot training for 100 representatives of the third category enterprises was conducted, IFRS for SMEs 35 training modules were translated into Georgian language.