Drafting on Amendments (Audit)

2-6 September 2019



As an extension of an earlier effort to develop a list of legislation areas to be amended in Georgia’s legal framework, the Greek auditing specialists got together with representatives from SARAS to discuss and eventually finalize the proposed amendments and explanatory notes related to the Audit Directive (Directive 2014/56/EU).



The parties agreed on the final version of amendments that address the most important gaps in relation to the compliance of the Law of Georgia on Accounting, Reporting and Auditing with the provisions of the audit related EU Directive 2014/56/EU amending Directive 2006/43/EC and of EU Regulation 537/2014, completing preparations for the drafting of these amendments and the accompanying explanatory notes.