Analyses & Studies • Communication - Press
Best Annual Report and Transparency Award
Best Annual Report
Best Annual Report 2020
The "Best Annual Report and Transparency Award - 2020" is organized within the framework of the World Bank – European Union joint Project – Financial Inclusion and Accountability, in partnership with CCIFG member, the National Fund for Support of Reforms in Accounting, Reporting and Auditing.
The award is part of a concerted effort to make Georgia a more business and investor friendly place, key ingredients to sustainable economic growth. The success of Georgia’s economy increasingly depends on the ability of the private sector to attract funds from investors at home and abroad. Georgia boasts an enviable 7th place in the World Bank’s global Doing Business rankings. But Georgia needs to become a more attractive place to invest. Following the enactment of the Law of Georgia on Accounting, Reporting and Auditing in 2016, the Best Annual Report and Transparency Award is intended to encourage compliance with new reporting regulations, foster healthy competition between companies, and improve the overall standard of corporate reporting as part of the country’s quest to build up investor trust and confidence at local and international levels...
The organizers are pleased to announce that, given the success of the competition in its first year, it will be expanded in 2020.
The "Best Annual Report and Transparency Award - 2019" Official Ceremony was held on Tuesday, 17th of December 2019 at National Library with attendance of many international donors and organizations, business companies, business associations, government organizations and embassies.
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