Tuesday, 18 August 2026 Tbilisi edition · Kostava Street Prepared for the sitting

Front page · Period-end sitting · Tbilisi

Bound financial papers and a fountain pen on a wooden desk
A period-end pack as it arrives on Kostava Street: marked, tabbed, and ready to be redrawn for the sitting.

Drawn for the sitting, not left in the file

On a Thursday in Tbilisi a board still meets with a stack of statements, a set of notes, and too little time to walk the period line by line. Flow Routepoint Analytics sits with those draft papers and redraws the year so directors can see where the close actually moved — the face of the accounts, the footnotes that change them, and the exceptions that deserve a question before anyone signs.

The work is a human reading. We take the trial balance, the draft statements, the note file, and the last management letter, and we draw what the period did. Charts sit on paper beside the line items they explain. Variances are ranked by what would change a director’s vote, not by what looks tidy in a pack. The office is on Kostava Street; the sittings we support are in Tbilisi board rooms, and occasionally with a parent committee elsewhere that still has to understand a Georgian close.

If you already have a date for the audit committee, write with that date. The briefing is of little use if it arrives after the papers have been nodded through.

How a close is drawn

All briefings
Calculator, printed statements, and annotated working papers on a desk

Printed pack and a sitting · Ten to fifteen working days from a complete draft

Period-end visual briefing

A full reading of the draft annual or interim accounts, redrawn as a visual briefing the board can finish in one sitting before the statements are signed.

Hands reviewing printed financial schedules at a table

Committee folio · Six to ten working days

Audit committee visual pack

An exception-led folio for an audit committee sitting: what moved, which notes carry risk, and which questions belong on the agenda rather than in the appendix.

Hand-drawn charts and figures on paper

Map and working session · Eight to twelve working days

Group consolidation mapping

A drawn map of the group close: subsidiaries, NCI, eliminations, and the places where intercompany balances still refuse to meet.

Bound legal and reporting documents with a pen

Annotated note file · Five to eight working days

Disclosure walkthrough

A visual reading of the notes: which footnotes change the face of the statements, and which are only furniture.

Open notebook with handwritten notes beside printed pages

Retained quarterly folio · Standing, timed to each quarter’s sitting

Quarterly retained oversight

A standing visual reading each quarter, so the year-end sitting is not the first time the board has seen how the period is moving.

Letters after the sitting

Client notes
They marked the revenue note against the contracts we actually signed, not against the slide the finance team preferred. The audit committee used that page for half the morning.
Nino Beridze · Chair of the audit committee, Tbilisi listed issuer
The consolidation map was late by a day, which frayed nerves before a tight sitting. Once it arrived, the eliminations we had been arguing about were visible on a single sheet.
Levan Tsiklauri · Group reporting lead, regional holding company

Other work from this desk

Pre-sitting rehearsal

A two-hour table read of the briefing with the finance director, so the questions are already named before the board room fills.

Single-policy drawing

One accounting policy — revenue, leases, or expected credit loss — drawn across the numbers and the note, for a committee that asked for that page only.

Georgian sitting copy

A parallel folio in Georgian for directors who read the oversight pack in the language of the room, with the IFRS references left in place.

First-year listed close

Extra days on the calendar when a company is reporting as a public-interest entity for the first time under SARAS supervision.

Field notes

The journal