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Ministry of Finance of Georgia Discusses New Initiative with Auditors

Published: April 13, 2011 | 1:21 pm
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The COMMERCIAL TIMES

In the frame of the New Course initiative, the main goal of which is transparency and public awareness, Ministry of Finance of Georgia (MOF) announced launching a joint guide in cooperation with Georgian Federation of Professional Accountants and Auditors.

On April 12 Kakha Baundurashvili, the Minister of Finance of Georgia, Jaba Ebanoidze, the Head of the Revenue Service and Rusudan Kemaularia, Deputy Finance Minister met with auditors at Customs Clearance Zone (CCZ).

During the meeting auditors were informed about the 2011 statistics of the Dispute Council and the major violations that appeared to be the reason for fining companies.

According to Finance Minister, the main point under this initiative is to raise public awareness of the tax-payers. The joint tax guide, which will be issued in cooperation with Georgian Federation of Professional Accountants and Auditors, will gather all the mistakes businesses make in practice.

“What’s most important together with auditors we discussed the major mistakes businesses make and agreed to offer prevention ways to the tax-payers through this new guide,” declared Minister.

As Finance Minister said during the meeting the key focus of launching the new guide will be to prevent the common mistakes in future.

 

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