Public comment deadline for the draft amendments to the Financial Reporting Standard for IV Category Entities has been prolonged

The world faces a new challenge due to COVID-19 pandemic. Considering current circumstances, SARAS made a decision to prolong the public comment period for the draft amendments to the Financial Reporting Standard for IV Category Entities.  

SARAS assumes that the Financial Reporting Standard for IV Category Entities should be developed dynamically reflecting main trends and challenges in the field.  Active participation of the professional society is important for the improvement process and therefore the Standard is placed for public comments on websites of SARAS and Legislative Herald of Georgia. 

Please visit the link given above and express your opinion about the amendments and the main provisions as well – email us to the following address: info@reportal.ge. (Please, indicate the following information in the subject line: “Financial Reporting Standard for IV Category Entities: section, article”). Open for comments until October 30, 2020.

Thank you for your participation.