Tag Archives: IFRS for SMEs

Pakistan adopts the IFRS for SMEs

By | November 1, 2015

On 15 September 2015, the Securities & Exchange Commission of Pakistan (SCEP) issued Statutory Notifications 928(I)/2015 and 929(I)/2015 adopting the IFRS for SMEs. As a result the financial reporting framework in Pakistan is as follows: Entities Situation Listed companies (including foreign companies listed in Pakistan) Public interest companies (public sector company, public utility, financial institution,… Read More »