Development of a list of legislation to be amended (Audit)

18-22 March 2019



During a week-long visit to Tbilisi in March, a group of experts from Greece held regular meetings with representatives from SARAS to prepare a list of Georgian legislation that needed to be amended or developed based on the gaps identified earlier in the national legal framework for auditing.



A detailed list of legislation to be amended or developed was drafted by the experts and submitted for comments to SARAS. The proposed amendments concerned the most important gaps found in relation to the compliance of the Law of Georgia on Accounting, Reporting and Auditing with the provisions of the relevant EU legislation (Directive 2014/56/EU and Regulation 537/2014).