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NEWS

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Presentation on the Competitiveness of the Hospital Sector in Tbilisi

25-Mar-2019

Presentation on the Competitiveness of the Hospital Sector in Tbilisi

On March 18, Giorgi Khishtovani, Director at PMC Research, presented the outcomes of the applied research "Analyzing Competitiveness of the Hospital Sector and its Value Chain in the City of Tbilisi – Using Smart Specialisation Methodology Components.”The main objective...

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Assisting Tajikistan to Strengthen its Strategic Planning

18-Mar-2019

Assisting Tajikistan to Strengthen its Strategic Planning

From March 6 to March 15, PMCG conducted two-day workshops on strategic planning in Dushanbe, Tajikistan in order to increase the capacity of approximately 70 representatives of ministries, state agencies and universities of Tajikistan. The workshops were based on the S...

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Promoting Rural Development in Mestia

11-Mar-2019

Promoting Rural Development in Mestia

PMC Research, within the European Neighborhood Program for Agriculture and Rural Development III (ENPARD III), is working together with Care Austria to promote rural development in the municipality of Mestia in Georgia.The main objective of the project is to address the...

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Analyzing Private Sector in Municipalities of Two Georgian Regions

07-Mar-2019

Analyzing Private Sector in Municipalities of Two Georgian Regions

On February 22, Giorgi Khishtovani, Director at PMC Research presented the outcomes of the study "Regional Market Assessment in Georgia by using the components of Smart Specialization."The main objective of this research was to map and analyze the private sector in Tbil...

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Assisting the Ministry of Finance of Georgia (MoF) to Establish Framework of Fiscal Risk Monitoring

06-Mar-2019

Assisting the Ministry of Finance of Georgia (MoF) to Establish Framework of Fiscal Risk Monitoring

We are collaborating with the Ministry of Finance of Georgia (MoF) to establish a regular process and framework for the monitoring and reporting of fiscal risks.More specifically, we will prepare procedural guidelines for every stage of monitoring, review the existing s...

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Supporting the Budget and Finance Committee of the Parliament of Georgia to Enhance Communication with Citizens

05-Mar-2019

Supporting the Budget and Finance Committee of the Parliament of Georgia to Enhance Communication with Citizens

We recently finished assisting the Budget and Finance Committee of the Parliament of Georgia in developing strategic development, action and communication plans for 2018-2019. The main objectives of the project were to support the committee to define its goals and plan ...

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Supporting Georgian Government and Parliament to Deepen Integration with the EU

26-Feb-2019

Supporting Georgian Government and Parliament to Deepen Integration with the EU

For the next three years, we will be working with the Government of Georgia (GoG) and the Parliament of Georgia under the EU-funded project “Facility for the Implementation of the EU-Georgia Association Agreement II.”The main objective of the project is to advance the i...

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Discussing Monitoring and Evaluation Practices in the Government of Georgia

25-Feb-2019

Discussing Monitoring and Evaluation Practices in the Government of Georgia

On February 19, PMC Research conducted a presentation and discussion about the findings of the policy brief “Review of Monitoring and Evaluation Practices in the Georgian Government.” The main objective of the research was to study the extent to which the measurement of...

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Discussing Enhancement of Parliamentary Oversight in Security Sector

14-Feb-2019

Discussing Enhancement of Parliamentary Oversight in Security Sector

On February 11-12, an international conference entitled “Parliament and the Security Sector: New Challenges, Stronger Oversight” was held as part of the EU’s technical assistance project "Support to the Parliamentary Oversight of the Security Sector in Georgia.”The Amba...

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PMCG Helps to Enhance Access to Water for Over 17,000 Customers in 18 Georgian Towns

12-Feb-2019

PMCG Helps to Enhance Access to Water for Over 17,000 Customers in 18 Georgian Towns

We recently finished assisting the United Water Supply Company of Georgia (UWSCG) by enhancing the water supply systems in different regions of Georgia. The main objective of the project was to supervise the construction, rehabilitation and renovation of the water suppl...

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PUBLICATIONS

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Black Sea Bulletin: Exchange Rates - 2018

11-Mar-2019

Black Sea Bulletin: Exchange Rates - 2018

In this bulletin, we discuss exchange rate dynamics in the countries of the Black Sea region during the period of 2014-2018. In particular, the exchange rates of these countries’ currencies against the USD and EUR and the nominal exchange rates of the Georgian Lari against curren...

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Black Sea Bulletin: External Trade - 2017

10-May-2018

Black Sea Bulletin: External Trade - 2017

In the first issue of the publication the main focus of discussion is individual and inter-regional external trade, helping us to identify the economic ties among the involved countries.

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Presenting New and Simplified Financial Reporting Standards to SMEs

23-Nov-2018

Telavi Batumi SMEs


On November 21-22, an informative-consultative meeting of 4th category enterprise representatives took place in Batumi and Telavi. The event was intended to increase awareness of representatives of small- and medium-sized enterprises (SMEs) regarding new financial reporting standards by presenting to them recent updates and self-learning materials.

Over 150 representatives from SMEs, training centers and the Service for Accounting, Reporting and Auditing Supervision (SARAS) participated in the event. 

PMCG SMEs

“SMEs play a key role in the economic growth of Georgia and simplified financial reporting standards will enable them to comply with various international and national standards and expand their production,” said PMCG’s consultant Nino Khatisashvili. Moreover, the presentations were interactive and triggered interesting discussion about the challenges faced by 4th category enterprises. 

The new accounting and reporting standards for SMEs should improve the quality and transparency of corporate financial statements, enable easier compliance with obligations, reduce administrative burdens, and provide an opportunity to focus on business growth and access to finance. 

The meetings were organized as part of the Good Governance Fund (GGF) project "Corporate financial reporting support for 4th category enterprises," which is being implemented by PMCG, as part of a consortium led by PricewaterhouseCoopers (PwC), in cooperation with the SARAS.



Please kindly follow the link below for detailed information about the project:
Good Governance Fund


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