IFRSs required in Chile starting 2009

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07 Sep 2007

In Chile, the Accounting Standards Board of the Colegio de Contadores de Chile, in conjunction with the Interamerican Development Bank (BID), has adopted a programme of converging to International Financial Reporting Standards.

Starting 1 January 2009, all business entities are required to prepare their financial statements in conformity with IFRSs. We have added a Chile Page to our pages of Information by Jurisdiction.


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