A Memorandum of Cooperation between SARAS and Ilia State University was signed

For the development of the field, it is necessary to maintain and enhance the quality of Georgian translation of international standards, terminology and other supporting materials. In this regard, SARAS applies various measures. 

Therefore, a Memorandum of cooperation was signed between Ilia State University and SARAS. The objective of the Memorandum is to enhance the translation quality of financial reporting and auditing terminology and field material. In addition, parties will cooperate to develop and improve the online dictionary.

We would like to remind you that the online dictionary of IFRS and ISA standards was launched on the initiative of SARAS and it includes translations of up to 3000 terms. The dictionary is currently being updated and SARAS will offer an updated version in the near future.