An audit of financial statements is an effective tool for stakeholders of the Company assisting them in making informed decisions.

At the same time, it helps the company to constantly improve the quality of its financial statements. In addition, the Law of Georgia on Accounting, Reporting and Auditing defines the criteria according to which companies are divided into categories. The law requires first and second category companies to conduct an annual audit of their financial statements.

• We conduct independent audit, which we carry out in accordance with International Standards of Auditing and in compliance with the legislation of Georgia.
• The financial statements audited by us are a reliable assurance that they present fairly financial position, financial performance and cash flow.

It is essential to maintain accounting records in accordance with International Financial Reporting Standards (IFRS). The application of IFRS is required by Georgian legislation for enterprises of the first, second and third categories.

Accounting can be considered as the basis of the enterprise information system. Naturally, the proper functioning of such an important component is one of the main concerns of management.

We offer:

• Consulting on accounting
• Outsource of accounting function
• Implementation of IFRS
• Preparation of financial statement as per IFRS

Financial reporting is an internationally recognized means of communicating a company’s financial results and position

The Law of Georgia on Accounting, Reporting and Auditing defines the criteria according to which companies are divided into categories. The law requires third category companies to prepare financial statements as per IFRS.

We can assist in preparation of financial statements as per IFRS uploading them to the reporting portal

One of the keystones of the relationship between the state and the company is taxes. It can be said that taxes are the most important element of the functioning of the state and the development of the country.

Given the importance of taxes, the company should always try to be fair with the state.

Accounting for a company’s inventory and fixed assets is quite a time consuming but important task. It requires proper planning and management of the inventory counting process.

We will count your inventory and fixed assets, create an inventory register, physically number fixed assets and compare counting results with accounting data.

The best way to determine the fair value of the property is to evaluate it.

We offer the valuation by a certified appraiser of any immovable and movable property, the entire company or its share, investment and other assets, in accordance with International Valuation Standards.