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The beneficiaries of EU-supported rural development project in Dedoplistskaro received training in International Accounting Standards and Georgia’s Tax System

The beneficiaries of EU-supported rural development project in Dedoplistskaro received training in International Accounting Standards and Georgia’s Tax System

In late September 2019, HEKS/EPER, in the frame of the EU-supported project “Promoting Citizen Engagement for Economic Development (PROCEED)”, organized a training in International Accounting Standards and Georgia’s Tax System for the beneficiaries of the 1st and 2nd grant cycles in Dedoplistskaro municipality. The training aimed at raising awareness and improving skills of the EU grantees in modern standards and practices in project financial management. 
To make the training delivery most efficient, the 19 trainees were split into two groups. The split reflected the diversity of expertise by the trainees and their specific training needs. 
The training for the first group, in which mostly the beneficiaries of the 1st Grant Cycle were assigned, was focused on the various aspects of accounting standards in: financial reporting; financial instruments; accruals, liabilities and assets; supply management; rents and leases; salary calculations; management of government grants; income tax.
The training for the second group, comprised of the beneficiaries of the 2nd Grant Cycle, was concentrated on:  international accounting and payment standards; preparation of initial founding and primary accounting documentation; taxation rates; tax returns; legal forms; contract preparations; market evaluation, selling price formation. 
The knowledge transfer in this training was organized in a format of question and answer, followed by open discussion. This helped to maintain high levels of trainees’ interest and engagement thus getting them to think in-depth and make connections. By the end of training course, all trainees earned course completion certificates.  
The EU-supported ENPARD II project “Promoting Citizen Engagement for Economic Development (PROCEED)” is implemented by HEKS/EPER Georgia in partnership with the Biological Farming Association “Elkana”. The project aims at contributing to the reduction of poverty in the Dedoplistskaro Municipality of the Kakheti region in Eastern Georgia. 
The EU is supporting agriculture and rural development in Georgia through the ENPARD programme. Implemented since 2013 with a total budget of EUR 179.5 million, the main goal of ENPARD is to reduce rural poverty. The first phase of ENPARD in Georgia focused on developing the potential of agriculture. The second and the third phases focuses on creating economic opportunities for rural population that go beyond agricultural activities. More information on ENPARD is available at www.enpard.ge.