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Financial Reporting Framework in Eritrea

Listed companies: There is no stock exchange in Eritrea.

Unlisted companies: IFRSs are required for:

  • Government-owned enterprises,
  • newly privatised companies (large taxpayers, or 'LTOs'),
  • banks, and
  • insurance companies.
The audit report states compliance with IFRSs.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.