IFRS
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For a Successful Implementation of IFRS in Iran
EghtesadOnline: In the Iranian banking world, the IFRS fever has been running high in the past few months.
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Iran: Dispute Over IFRS Compliance Resolved
EghtesadOnline: Minister of Economic Affairs and Finance Masoud Karbasian and Governor of the Central Bank of Iran Valiollah Seif have jointly signed a directive regarding bank balance sheets…
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80% IFRS Conformity in BMI Balance Sheets
EghtesadOnline: Bank Melli Iran, the nation’s biggest bank, has made significant headways in conforming to International Financial Reporting Standards, its chief executive said.
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No Obstacle to AGMs of IFRS-Compatible Banks
EghtesadOnline: The latest directive issued by the Central Bank of Iran obligating the conformity of banks to the International Financial Reporting Standards will not hinder lenders from holding…
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Central Bank of Iran Directive Makes IFRS Mandatory
EghtesadOnline: In order to protect the interests of banks and credit institutions' depositors and shareholders, and maintain the stability and health of banking system, the Central Bank of Iran…
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Confab Reviews IFRS Adoption, Risk Management of Banks
EghtesadOnline: Due to the importance of conforming banks' balance sheets to International Financial Reporting Standards and establishing risk management departments, the second and final day…
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Iran: 30% Progress in Banks IFRS Adoption
EghtesadOnline: Iranian banks’ progress in adapting to their financial statements with the new model set by the Central Bank of Iran was around 20-30% during the previous Iranian year (ended…
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Statements of Banks Conform to IFRS
EghtesadOnline: Iranian banks managed to present their balance sheets for the last Iranian year (ended March 20, 2017) in line with the International Financial Reporting Standards, said the secretary-…
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CBI, KPMG Review IFRS Adoption
EghtesadOnline: The Central Bank of Iran hosted a meeting to analyze obstacles to the implementation of the International Financial Reporting Standards.
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Iran Holds Key Conference on IFRS Adoption
EghtesadOnline: For International Financial Reporting Standards to truly take hold in Iran, they must be accorded significance on the national scale, the governor of the Central Bank of Iran…
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Insurance Sector Starts Adopting IFRS
EghtesadOnline: After the banking system, insurance companies are next in line to conform their financial statements to International Financial Reporting Standards, with Iran Insurance Company…
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IFRS Publishes Standards Profile for Iran
EghtesadOnline: The International Financial Reporting Standards Foundation has published a new profile on the use of IFRS standards in Iran.
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IFRS Accounting Standards Mandated
EghtesadOnline; Te Securities and Exchange Organization has mandated companies to prepare their financial statements based on International Financial Reporting Standards for the current fiscal…