Global IFRS Insurance Survey 2018
2021 countdown underway: Insurers prepare for IFRS 17 implementation
A year after the publication of IFRS 17 Insurance Contracts (IFRS 17), and with just over two years until its mandatory effective date of 1 January 2021, how are global insurers preparing to operate under the new financial reporting regime?
IFRS 17 for Insurance Entities
On September 28 Deloitte held the “IFRS 17 for Insurance Entities” workshop at Courtyard by Marriott Tbilisi.
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.