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Notice to PIEs, I, II and III category entities

According to the Georgian law on “Accounting, Reporting and Auditing”, PIEs, I, II and III category entities/groups are required to submit their 2019 financial statements no later than October 1

9/7/2020
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International Financial Reporting for Non Profit Organizations – Georgia is becoming a participant of an international project

The project is initiated by Humentum and CIPFA and aims at developing internationally applicable financial reporting standard for Non Profit Organizations (NPOs)

8/24/2020
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In which case are the I and II category entities allowed to use the simplified rule to write off the damaged/spoiled inventories

According to the amendment of the Order N994 of the Minister of Finance of 31.10.2010, I and II category entities (if they meet certain requirements) will be able to use the simplified rule to write off the damaged/spoiled inventories 

8/24/2020
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