National Bank of Georgia First Vice Governor Ekaterine Mikabadze highlighted reliable financial reporting and independent audit at an event for accountants and auditors. Effective supervision requires complete financial information prepared to international standards. She also reviewed existing cooperation on the Reportal.ge disclosure portal and the Best Annual Report and Transparency Award, emphasizing reporting practices beyond minimum compliance.
Policy & regulationImplementation, projects & pilotsAccounting and financial reportingAuditingCorporate governance
Speaking at an event marking accountants’ and auditors’ professional day, National Bank of Georgia First Vice Governor Ekaterine Mikabadze emphasized the importance of quality financial reporting and independent audit for supervision and risk assessment. Assessing financial institutions and their risks requires reliable, complete information prepared in accordance with international standards. Transparent financial information also supports informed decisions and better corporate governance.
Existing cooperation with the Service for Accounting, Reporting and Auditing Supervision (SARAS), strengthened under a 2020 agreement, includes Reportal.ge. The portal enables public securities issuers to publish reports and other regulated information through a single platform. Mikabadze also highlighted the Best Annual Report and Transparency Award (BARTA) as a shared initiative encouraging companies to embed reporting quality and transparency in their practices rather than focus solely on minimum compliance.
The National Bank of Georgia and partner bodies have opened BARTA 2026 to recognize high-quality corporate reporting and transparency. The competition introduces separate financial and nonfinancial awards for small and medium-sized companies and a new state enterprise category. Winners across eight categories will be announced in February 2027.
National Bank of Georgia President Natia Turnava highlighted SARAS’s reporting reforms and the institutions’ cooperation at the service’s 10th anniversary event. Their work includes coordinated oversight of public securities issuers, the Reportal.ge disclosure portal and awards promoting higher quality corporate reporting.
The National Bank of Georgia, in collaboration with several supervisory bodies, has launched the "Best Annual Report and Transparency Award" (BARTA) 2025 competition to enhance corporate reporting and transparency in Georgia. Supported by the World Bank and the Business Association of Georgia, the initiative includes 10 prize categories, with…