Financial Reporting

Clear, accurate financial statements for compliance and decision-making

Professional Financial Reporting

In Georgia, all companies must prepare annual financial statements according to IFRS for SMEs and file them with SARAS (Service for Accounting, Reporting and Auditing Supervision). We prepare comprehensive financial reports that meet regulatory requirements and provide valuable insights for business decisions.

Annual Financial Statements

A complete set of IFRS-compliant financial statements includes:

Statement of Financial Position

Balance sheet showing assets, liabilities, and equity at year-end.

Statement of Comprehensive Income

Profit and loss showing revenues, expenses, and net result.

Statement of Cash Flows

Cash movements from operating, investing, and financing activities.

Statement of Changes in Equity

Movement in share capital, retained earnings, and reserves.

Notes to Financial Statements

Comprehensive disclosures including:

Accounting policies applied
Breakdown of significant balances
Related party transactions
Contingencies and commitments
Events after the reporting period
Segment information (if applicable)

Management Reports

Beyond compliance, we provide actionable management reports:

Monthly P&L Analysis — Revenue and expense trends
Cash Flow Forecasts — Projected cash position
KPI Dashboards — Key performance indicators
Budget vs Actual — Variance analysis
Profitability Analysis — By product, service, or client

Filing Requirements

Year-End Close

Finalize all transactions and adjustments by January 31.

Prepare Statements

Draft financial statements according to IFRS for SMEs.

Director Approval

Review and sign-off by company management.

SARAS Filing

Submit to SARAS by October 1 deadline.

Need Financial Statements?

Get IFRS-compliant reports that satisfy regulators and inform decisions.