On December 16, a virtual seminar on the International Code of Ethics for Professional Accountants (IESBA Code) was organized by the EU funded twinning project Enhancing Accounting and Audit Quality in Georgia in cooperation with the Service for Accounting, Reporting and Audit Supervision (SARAS) and the Hellenic Accounting and Auditing Standards Oversight Board (HAASOB).  

The seminar was led by Mr Stavros Thomadakis, Chairman of the International Ethics Standards Board for Accountants (IESBA) and was featured a presentation by IESBA’s Senior Technical Director, Mr Ken Siong.

Among the topics addressed during the seminar were:

  • International Code of Ethics for Professional Accountants, including International Independence Standards
  • IESBA eCode
  • Non-compliance with laws and regulations (NOCLAR)

Seminar was attended by more than 160 participants, including representatives from oversight bodies and auditors from Georgia, as well as from other STAREP participating countries, that were kindly invited by SARAS to attend the virtual event.