Georgia Launches Service for Accounting, Reporting, and Auditing Supervision

The official launch of the Service for Accounting, Reporting and Auditing Supervision (SARAS), a subordinated agency of Georgia’s Ministry of Finance, took place in Tbilisi on June 21. Reform of auditing and financial reporting is an obligation for Georgia under the country’s Association Agreement with the European Union (EU), and its implementation is a top priority for the Government.