Extent of IFRS application Status Additional Information
IFRS Standards are required for domestic public companies No stock exchange.
IFRS Standards are permitted but not required for domestic public companies tick No stock exchange. IFRS Standards permitted for financial institutions.
IFRS Standards are required or permitted for listings by foreign companies No stock exchange.
The IFRS for SMEs Standard is required or permitted tick IFRS for SMEs has not been adopted. However, SMEs are permitted to use it.
The IFRS for SMEs Standard is under consideration tick Formal adoption of the IFRS for SMEs is under consideration.
Last updated:
16 June 2016
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