After the introduction of law about Financial Accounting and Audit in Georgian legal framework, IFRS became a critically crucial element. Coming from the fact that general awareness of these standards is very low, 2017 will be a tough challenge for accountant and financial reporting specialists. From International Financial Reporting Standards (IFRS), we would like to

“I need my company’s operations to be based on systems”, “I want my processes to be automatized” – these are the sentences company owners and executives say frequently. What do they mean by these sentences? Processes Before any company decides to systemize their business processes, they first need to improve their processes and make them