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In order to increase the quality and reliability of the submitted statements, few automated checks were added to the digital reporting forms of the third category entities. SARAS held 3 online meetings with the third category entities regarding noted update recently. More than 450 accountants attended the events.
As the result, certain number of third category entities faced some technical issues, affecting the timing of submission of the reports. Considering the circumstances, on September 30, SARAS decided to hold additional online meeting and provide respective entities with the relevant updates. Up to 400 accountants attended the event.
SARAS also prepared video instruction for filling digital reporting forms of third category entities. Video instruction is available on the following link.
It shall be noted, that SARAS will take into account abovementioned circumstances and will not apply administrative measures on condition that statements are presented in a reasonable time.
Thank you for cooperation!