Union News

Issue No. 17 (April - Mai - June)

April - June 2017

Members News Details

The Capital Market Authority announces Obligating Investment Fund Managers to Apply the Cost Model to Measure Property, Plants, Equipment, Investment Property, And Intangible Assets

The CMA Board has issued its resolution to obligate Investment Fund Managers to apply the cost model to measure the property, plant, equipment, investment property, and intangible assets upon preparing IFRS Financial Statements. The Authority will analyze the feasibility of continuing to apply the cost model after three years from the date of this resolution.