IFAC’s another publication on COVID-19 is published on SARAS website

The unprecedented circumstances of COVID-19 have seen many businesses faced with challenges which they have never faced before. For many small businesses, having a trusted advisor that they can turn to for help and guidance through this crisis is incredibly important. A professional accountant can help effectively manage and reduce risk, explain how to take appropriate actions and fortify the business for the medium to long-term.

Considering the above-mentioned circumstances, IFAC published “Small Business Continuity Checklist”. It is a diagnostic tool to navigate times of disruption, covering two key areas of Financial Management Tasks and Strategic Management Tasks. The document is intended for small businesses and their serving auditors, as well as for certified accountants.

SARAS translated the document in Georgian and published it on the website. It is available to all interested parties.