{"id":70481,"date":"2016-05-13T07:10:00","date_gmt":"2016-05-13T07:10:00","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=cfdbabce31a484cd3127ba62d023a48c"},"modified":"2016-05-13T07:10:00","modified_gmt":"2016-05-13T07:10:00","slug":"third-phase-of-review-of-ifrss-in-saudi-arabia-includes-decision-to-adopt-ifrs-9-without-modifications","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=70481","title":{"rendered":"Third phase of review of IFRSs in Saudi Arabia includes decision to adopt IFRS 9 without modifications"},"content":{"rendered":"<p>In preparation for IFRS adoption in the Kingdom of Saudi Arabia from 2017, the Saudi Organization for Certified Public Accountants (SOCPA) has approved an IFRS transition plan for developing &#8220;national standards that are closely converged with full IFRSs&#8221;. According to the plan, the SOCPA has now reviewed another twelve IASB pronouncements (including the financial instruments standards) plus the corresponding sections of the IFRS for SMEs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In preparation for IFRS adoption in the Kingdom of Saudi Arabia from 2017, the Saudi Organization for Certified Public Accountants (SOCPA) has approved an IFRS transition plan for developing &quot;national standards that are closely converged with full IFRSs&quot;. According to the plan, the SOCPA has now reviewed another twelve IASB pronouncements (including the financial instruments standards) plus the corresponding sections of the IFRS for SMEs.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70481"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=70481"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/70481\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=70481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=70481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=70481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}