We call on the insurance industry to ensure that at least two or three insurance companies make it to the voluntary phase of adoption going by the adoption roadmap....we are at the voluntary phase of ...

GAAP and IFRS are the two major standards used worldwide. Accounting principles are guidelines companies must follow when recording and reporting accounting transactions. They bring uniformity to ...

The IFRS for SMEs Accounting Standard is a self-contained standard designed for entities without public accountability that publish general-purpose financial statements.

Akron's net profit under IFRS in the first half of 2024 amounted to RUB 18.68 billion. This is 2% less than in the same period of 2023. In dollar terms, net profit decreased by 17% to $206 million.