IFRS

Update news IFRS

IFRS adoption roadmap raises challenges to property businesses

The recent Ministry of Finance (MoF) ruling to adopt IFRS will send ripples across real estate businesses, especially those with extensive asset portfolios.

Int’l accounting rules compulsory after 2025: draft

The adoption of International Financial Reporting Standards will be compulsory for State-owned enterprises, listed companies and large-scale unlisted public companies after 2025, according to a draft project the Ministry of Finance.