Kyrgystan

  • National Professional Accountancy Organisation:

Update for May 2002

Financial Reporting Framework in Kyrgyzstan (May 2002 Update)

IFRSs are mandatory in Kyrgyzstan

Kyrgyzstan has enacted a law making IFRSs mandatory for banks and limited companies by 31 December 2003. Other large and medium-sized enterprises were required to apply IFRSs starting 2005, and small enterprises by 2006. The law came into force on 29 April 2002.


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