The sixth Best Annual Report and Transparency Award (BARTA) will be held on February 28 at Sheraton Grand Tbilisi Metechi Palace.
The target audience of the BARTA Award Ceremony includes representatives of Ministry of Finance, National Bank of Georgia, Service of Accounting, Reporting and Audit Supervision; Insurance State Supervision Service of Georgia, executives, board members and technical staff of eligible companies including state owned enterprises; as well as
representatives of professional accounting organizations (PAOs), and BARTA partner organizations.
The specific objectives of the BARTA Award ceremony on February 28 are to:
- Highlight the achievements and contributions of the award recipients.
- Increase awareness and recognition of the BARTA award among a broader audience.
- Provide a platform for attendees to connect, network, and build professional relationships.
- Create opportunities for participants to share relevant information, insights, and ideas.
The expected results are that the knowledge and inspiration gained from this event should: (i) enhance recognition and visibility of the BARTA award and its recipients, and (ii) motivate more companies to adopt and follow good practices in quality corporate reporting.
The language of the event is Georgian with simultaneous interpretation into English.
BARTA incentivizes and motivates improved non-financial reporting (more commonly known now as sus- tainability reporting) by evaluating the annual reports of Georgian companies and conferring awards to the companies with the best reporting practices across three main categories of company – large financial companies, large non-financial companies, and small and medium companies. The award ceremony helps to publicize the award, showcases the award winners, and serves as a medium to network, exchange and share relevant information, insights and ideas.
The sixth Best Annual Report and Transparency Award (BARTA) ceremony is organized under the Enhancing Accounting, Auditing, and Sustainability Reporting (EAASURE) program of the World Bank Centre for Financial and Sustainability Reporting Reform (CFRR) based in Vienna, Austria.
BARTA was established in 2019 as part of a joint project of Financial Inclusion and Accountability between the EU and the World Bank that followed the introduction of mandatory corporate non-financial reporting in the European Union (EU).
