IFRSs are permitted for all companies in Suriname
30 Jul 2005
We have updated our Table Summarising the Use of IFRSs for Reporting by Domestic Listed Companies to reflect the status of IFRSs in Suriname.
Suriname does not have any legislation on
accounting principles or financial statements. The local exchange also does not prescribe a specific set of accounting principles to be used by its listed companies. Therefore, IFRSs are not mandatory for any of the
local companies, listed or not listed. A company is, however, free to use IFRSs as the basis for preparing its financial statements.