Inflation in Argentina — Reporting on periods ended June 30, 2018
Jul 09, 2018
Levels of inflation in Argentina have been high for some time, with a significant increase in May 2018 resulting in inflation indices exceeding 100% on a three‑year cumulative basis. It is also understood that the qualitative indicators of hyperinflation are, to varying degrees, present in Argentina.
On July 9, 2018, Deloitte's IFRS Global Office has published an IFRS in Focus newsletter looking into implications of the situation in Argentina as regards reporting on Argentinian operations at June 30, 2018 and disclosure in June 2018 financial statements under IFRS.
Please click here to access the publication.