The guide is available on the SARAS website

The dictionary has been expanded to include terms from the European Sustainability Reporting Standards (ESRS). It has also been updated with revised contexts and definitions for a number of terms from International Financial Reporting Standards (IFRS), and search functionality has been improved

With the update of the platform for digital reporting forms, SARAS enables everyone to quickly and easily access the financial information they need

The IASB has issued a major update to the IFRS for SMEs accounting standard which aims to improve the financial reporting framework for small and medium-sized enterprises. SARAS plans to translate and implement the updated standard to ensure continuous alignment with best international practices in the country. SARAS will also coordinate with donor organizations to ensure that they update the relevant training materials and conduct the training of trainers (ToT)

SARAS has prepared a consolidated document summarizing the inconsistencies identified during the financial statement reviews for the 2022-2023 reporting periods and the review priorities for the 2023-2024 reporting periods. This document is intended for entities, their auditors, regulators/supervisors and other stakeholders with an interest in financial reporting. In addition to these key issues, the document outlines the characteristics of high-quality financial statements and materiality considerations

Starting from 2025, SARAS office is moved to a new address.

SARAS has published the first Georgian translation of the European Sustainability Reporting Standards (ESRS). These standards aim to increase transparency and accountability of undertakings towards sustainable development

The meeting will be held online. You must register in advance to attend

On 22 October 2024, the Head of the Service for Accounting, Reporting and Auditing Supervision (SARAS) issued Order No. N-12 on the Approval of the Rule for Implementing the Compliance Control System by Obliged Entities