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Position of Georgia on updating IFRS for SMEs Standard

SARAS submitted a comment letter on the exposure draft of IFRS for SMEs Standard to the World Bank, reflecting a consolidated position of Georgia  

6/16/2020
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Public comment deadline for the draft amendments to the Financial Reporting Standard for IV Category Entities has been prolonged

Considering current circumstances due to impact of COVID-19, SARAS prolonged public comment period to ensure active participation of the professional society in the improvement process of the Standard 

6/16/2020
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A memorandum of cooperation was signed between SARAS and the National Center for Educational Quality Enhancement

The memorandum aims at improving financial transparency in the educational sphere as well as enhancing the quality of professional education 

6/16/2020
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