This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our PRIVACY POLICY for more information on the cookies we use and how to delete or block them.

Enterprise Size Category Guide

The guide will help you determine which category your company falls in and what responsibilities you have according to the new Law of Georgia on Accounting, Reporting and Auditing.


Your Results

The table below illustrates the company responsibilities solely in a financial standpoint and does not include any information regarding managerial and realized payments reports.
See the new law full text
Category Framework of Preparing Financial Statements Preparing Financial Statements Presenting Financial Statements Publishing* Financial Statements Audit of Financial Statements
PIE IFRS                
I IFRS                
II IRFS for SME                
III IRFS for SME                
IV Special Accounting Rules                
NGO Special Accounting Rules                
* Publishing the Financial Statements is the Obligation of SARAS (Service for Accounting, Reporting and Auditing Supervision).

The Business Guide is provided by BDO and is used as a general guide. For detailed information, please refer to the BDO specialists.