Extent of IFRS application Status Additional Information
IFRS Standards are required for domestic public companies tick No stock exchange. IFRS required for all large commercial companies, which includes banks.
IFRS Standards are permitted but not required for domestic public companies
IFRS Standards are required or permitted for listings by foreign companies No stock exchange.
The IFRS for SMEs Standard is required or permitted tick Large commercial companies are required to use IFRS Standards. All other SMEs are permitted to use either the IFRS for SMEs or full IFRS Standards.
The IFRS for SMEs Standard is under consideration
Last updated:
16 June 2016
close

This website uses cookies. You can view which cookies are used by viewing the details in our privacy policy.