A meeting was held between JSC Georgian State Electrosystem Audit Committee and SARAS

On August 16, a meeting was held between JSC Georgian State Electrosystem Audit Committee and SARAS on future cooperation. 

Participants of the meeting discussed the common practices used by the Audit Committees to assess the quality of the audit in leading countries and the possibilities of introducing similar practices to the Georgian market. The discussion dealt with the tools available to the audit committees that are aimed at ensuring the quality of financial statements and its audit and, consequently, the protection of the interests of users of financial information. The meeting also discussed issues such as audit quality indicators, self-assessment tools of the audit committee, training of audit committee members, etc.  

Strengthening the audit committees and enhancing the quality of audit services in the country is one of the objectives of SARAS. Accordingly, SARAS is ready to cooperate with other interested parties in this direction.