SARAS adopted the updated list of entities with PIE status

According to the criteria for classifying as Public Interest Entities adopted by Government of Georgia, the list of PIEswas updated on November 25, 2020

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An amendment was made to the normative act of SARAS

An important amendment was made to the order No.17 (October 28, 2016) adopted by the Head of SARAS on “The Rules for introduction of the website and the electronic registry, its structure, form, list of information and the identification of users”

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The amendment was made to the normative act of the SARAS

The amendment was made to the decree of Head of SARAS (Order №12, October 17, 2016) on “adoption of the rule of determining insurance amount and essential conditions of professional responsibility insurance of Auditors/audit firms”

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“Hot Topics of the Audit Field Development: the Future of the Profession” - an international conference was held in Ukraine

A representative of SARAS delivered a speech at virtual conference organized by the Public Audit Oversight Body of Ukraine and the Chamber of Auditors

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SARAS held online meeting - “IFRS Standards and management commentary – Main Updates”

On November 16, SARAS and IFRS Foundation, with the support of Financial Inclusion and Accountability Project sponsored by EU and the World Bank held an online workshop for PIEs, I and II category entities on IFRS Standards and Management Commentary

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New functional - mandatory notification - was added to the reporting submission portal (rms.reportal.ge)

Entities are notified by SARAS automatically on important information related to submission of the annual reports 

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