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Understanding IFRS in Saudi Arabia
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When? This feed was archived on May 11, 2019 05:30 (). Last successful fetch was on November 10, 2017 05:01 ()
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Manage episode 159636352 series 89126
Conversion to IFRS Standards in Saudi Arabia are already underway with publicly listed companies required to report using the new financial reporting framework as of 2017, and SMEs following suit in 2018.
Adoption of IFRS Standards is part of the ‘Project for Transition to International Accounting and Auditing Standards’ introduced by the Saudi Organization for Certified Public Accountants (SOCPA). A key advantage in the introduction of IFRS is the standardization of reporting, allowing entities across the world to be compared in a consistent way.
In this episode of MENA Talks, we hear from Andrew Hay, Global Head of Accounts Production for Thomson Reuters, talk through some of the obstacles and opportunities associated with IFRS conversion, based on his first-hand experience in Australia.
12 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on May 11, 2019 05:30 (). Last successful fetch was on November 10, 2017 05:01 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 159636352 series 89126
Conversion to IFRS Standards in Saudi Arabia are already underway with publicly listed companies required to report using the new financial reporting framework as of 2017, and SMEs following suit in 2018.
Adoption of IFRS Standards is part of the ‘Project for Transition to International Accounting and Auditing Standards’ introduced by the Saudi Organization for Certified Public Accountants (SOCPA). A key advantage in the introduction of IFRS is the standardization of reporting, allowing entities across the world to be compared in a consistent way.
In this episode of MENA Talks, we hear from Andrew Hay, Global Head of Accounts Production for Thomson Reuters, talk through some of the obstacles and opportunities associated with IFRS conversion, based on his first-hand experience in Australia.
12 episodes
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