IASB publishes Annual Improvements to IFRS Standards 2015–2017 Cycle
The International Accounting Standards Board (the IASB) has published the аnnual Improvements to IFRS Standards 2015–2017 Cycle.
IFRS 9 Implementation for Microfinance Organizations
On 15 June 2017 Deloitte took an initiative and organized the IFRS 9 Implementation for Microfinance Organizations practical seminar in Tbilisi at Courtyard by Marriott Tbilisi. This initiative was strongly supported by Georgian Microfinance Association and National Bank of Georgia.
A public discussion about the Law of Georgia on Accounting, Reporting and Auditing and the amendments to the Georgian Profit Tax Law
On November 4, a public discussion was held at Tech Park with the joint organization and participation of Deloitte Tbilisi, USAID Governing for Growth (G4G) in Georgia project and Ministry of Finance of Georgia.
What you should know
Law of Georgia on Accounting, Reporting and Auditing
In June 2016, the “Law of Georgia on Accounting, Reporting and Auditing” was signed into legislation. In addition to this, amendments to the tax code in relation to profit tax were introduced into legislation in May 2016.
Published as soon as developments are announced, IFRS news is a brief newsletter outlining the amendments, additions and deletions to IFRS and tracking the work of the IASB. IFRS News provides an essential ‘heads-up’.
Model financial statements for the year ended 31 December 2015
The model financial statements of International GAAP Holdings Limited for the year ended 31 December 2015 are intended to illustrate the presentation and disclosure requirements of International Financial Reporting Standards (IFRSs).