IFRSs required for some companies in Eritrea
19 Jan 2009
We have added a new country page for Eritrea and we have updated our page on Use of IFRSs by Jurisdiction.
The accounting framework in Eritrea is as follows:
- 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.