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Financial Reporting Framework in Ghana


Ghana has adopted International Financial Reporting Standards, in place of Ghana National Accounting Standards, as of 1 January 2007, for all listed companies, government business enterprises, banks, insurance companies, security brokers, pension funds, and public utilities.


All 'small and medium scale enterprises' (SMEs) , state-owned organisations, and private organisations are required to use the IFRS for SMEs starting with their financial statements for 2010.

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.