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Listed companies in Sri Lanka may use IFRSs

09 Sep 2004

As a result of a policy decision recently adopted by the Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAAMB), listed companies in Sri Lanka may choose to prepare their financial statements in accordance with International Financial Reporting Standards, rather than Sri Lankan GAAP.

We have modified our Table of Use of IFRSs by Country accordingly.

 

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