Baazeem to issue IFRS-compliant statements in Q1 2018

19/02/2018 Argaam

Nomu-listed Baazeem Trading Co. has started implementing the third phase of transition to International Financial Reporting Standards (IFRS) and will prepare the first IFRS-based financial statements for Q1 2018 during the regulatory period set by the Saudi market regulator.

 

The company had already prepared the opening balance sheet as of Jan. 1, 2017, Baazeem said in a statement to Tadawul.

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