Lack of proper planning of International Financial Reporting Standards (IFRS) implementation by Saudi companies can derail their compliance with the regulatory requirements, an industry expert said.
“As Saudi Arabia moves to
The new lease accounting standard published recently by the International Accounting Standards Board (IASB) brings added transparency to financial reporting, according to KPMG International. The new standard requires companies to bring most le
Bahrain-based Ithmaar Bank, an Islamic retail bank, has announced it is open to exploring alternatives in consultation with Kuwait Stock Exchange, with regard to compliance with International Financial Reporting Standards (IFRS).
Majority of the banks in the Middle East and North Africa region expect impairment accounting proposals to improve financial statements, according to a survey by leading audit firm Deloitte.
The Mena-headquartered banks believe that Intern
New international accounting standards that have been formulated in the wake of the financial crisis will have a major effect on reporting procedures for companies in Bahrain and the Gulf region, said an expert.
The new International Finan
A suite of new standards published by the International Accounting Standards Board (IASB) could significantly change the consolidation evaluation and joint venture accounting for many companies, according to KPMG, a leading consultancy.
Morgan and IASeminars are offering more than 60 IFRS (International Financial Reporting Standards) and US GAAP (Generally Accepted Accounting Principles) public courses.
Explaining the importance of the courses and the high demand for trai
Morgan International and IASeminars have expanded their joint course offerings for the Autumn of 2008.
To meet the ever growing demand for professional instruction in International Financial Reporting Standards (IFRS), over 90 different t
Gulf Finance House (GFH) recently hosted a three-day intensive training course to ensure that staff members are up-to-date on the latest International Financial Reporting Standards (IFRS).
Participants were updated on changes to exi