Extent of IFRS application Status Additional Information
IFRS Standards are required for domestic public companies tick Bangladesh has adopted IFRS Standards. Domestic companies whose securities trade in a public market and other large public accountability companies are required to use IFRS Standards. Banks, insurance companies and Non-Banking Financial Institutions (NBFI) prepare financial statements in accordance with their respective Acts and guidelines and at present have some deviations from IFRS Standards.
IFRS Standards are permitted but not required for domestic public companies
IFRS Standards are required or permitted for listings by foreign companies tick Required.
The IFRS for SMEs Standard is required or permitted
The IFRS for SMEs Standard is under consideration tick
Last updated:
18 September 2020

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