The IAS 29 is a reporting standard that prescribes rules for financial reporting for companies that use the currency of a ...

The Financial Reporting Council (FRC) says Nigeria does not qualify as a hyperinflationary economy under existing standards.

KARACHI: The State Bank of Pakistan (SBP) has announced key amendments to implement International Financial Reporting ...

The Financial Reporting Council of Nigeria (FRC) has rejected the suggestion that Nigeria is a hyperinflationary economy as outlined by ...

The Bangladesh Bank issued a roadmap for scheduled banks to implement an expected credit loss (ECL) methodology-based provisioning system that aligns with international financial reporting standards ...

The Financial Reporting Council of Nigeria has said Nigeria is not yet in a hyperinflation economy and warned corporates from adopting International Accounting Standard 29 in the preparation of their ...

The Bangladesh Bank is set to enhance loan provisioning and shock-absorbing capacity in the banking sector by implementing a new provisioning system aligned with international best practices.

IAS 29, titled Financial Reporting in Hyperinflationary Economies, provides accounting guidelines for countries experiencing hyperinflation.

The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.

Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating ...

The Bangko Sentral ng Pilipinas (BSP) has issued new reporting standards that pawnshops must follow when submitting ...

Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and deduct ...