THE CURRENT LEVEL OF ACCOUNTING AND AUDIT DEVELOPMENT IN GEORGIA

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The Federation of Auditors, Accountants and Financial Managers of Georgiais oriented towards improvement of applicability of inter- national financial reporting standards and international standards of audit in the field of Small and Medium Enterprises and consequently on provision of support of professional interests in these fields. The Federation as well as country is moving towards integration into the European structures and with full adequacy realize the necessity of sharing the best practices in Accounting and Audit field which exists in European and in the World experience.