Winners Announced for 2021 Best Annual Report and Transparency Award

The annual award is intended to encourage compliance with new reporting regulations, foster healthy competition between companies, and improve the overall quality of corporate reporting

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Useful informational material for SMPs was placed on the SARAS web page

The video-recordings of the series of webinars and reading materials developed by the World Bank to support SMPs are available on the SARAS web page

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The submission rate of regulated / supervised entities

More than 58 thousand entities have already submitted 2020 financial statements. At the moment, administering process of the annual reports is in progress and final submission rate will be announced at the end of the year by SARAS

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IFRS Foundation announces three significant developments

According to the IFRS Foundation, there is a need for investors and other providers to create internationally comparable standards for sustainable development that will provide them with the information they need and help them make informed decisions

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“IFRS Standards and Management Commentary – Main Updates” - SARAS held an online meeting

SARAS and IFRS Foundation, with the support of the European Union-World Bank joint Financial Inclusion and Accountability Project, held an online workshop for PIEs, I and II category entities and their serving auditors

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Acting Head of SARAS participated in the international conference organized by Ukraine

The aim of the conference was to evaluate the results of the functioning of the audit public oversight system in Ukraine and to discuss the plans for further development

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