Board fixes adoption date for listed companies
Jim Obazee, the
managing director of National Accounting Standard Board, said 2012 has
been set aside as International Financial Reporting Standards (IFRS)
adoption date for listed companies.
Mr. Obazee, on Thursday, said that this was to ensure that the
companies listed in the Nigeria Stock Exchange adhered to the
transition process. He said that the process was in phases, to ensure
smooth transition.
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