24 February 2012: Update on Ukraine’s IFRS transition
Posted by mostafa on 24 February, 2012
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In June 2011 the changes in law “On accounting and financial reporting in Ukraine” were signed by the President of Ukraine. In accordance with such changes, public interest entities (Public Joint Stock companies, banks, insurance companies, and other companies that operate in financial markets) are required to prepare financial statements in accordance with IFRS.