Financial Reporting - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Financial Reporting

Transparency in REITs

Implementing clear and consistent reporting standards is vital for building a trustworthy REIT market in Zimbabwe.

By Mike Juru May. 31, 2024

‘IFRS 17 redefines insurance sector accounting’

Some of the challenges it presents include its complexity, required upgrade of systems, and disclosure of retrospective data.

By Tafadzwa Mhlanga May. 31, 2024

‘IFRS 17 redefines insurance sector accounting’

Breaking down IPSAS standards

IPSAS enhances the transparency of financial reporting, making it easier for stakeholders to understand the financial position & performance of public sector entities.

By Owen Mavengere Oct. 20, 2023

Accountants struggle with IFRS 17

But, according to her, a significant number of players failed to comply.

By Melody Chikono Aug. 18, 2023

BCC migrating to international accounting standards

Zimbabwe adopted IPSAS as a reporting framework after the gazzeting of Statutory Instrument 41 of 2019 on Public Accountants and Auditors (Prescription of International Standards) Regulations.

By Silas Nkala Jun. 13, 2023

BCC migrating to international accounting standards

State firms adopt new reporting standards

ZFRM will compel state firms to treat borrowing costs as expenses, rather than as capital.

By Tatira Zwinoira Apr. 28, 2023

State firms adopt new reporting standards

IoDZ pushes for stronger audit committees

The workshop trained directors in various areas, including the role of audit committees, legal compliance enforcements, cybersecurity.

By Mthandazo Nyoni Oct. 4, 2022

IoDZ pushes for stronger audit committees

Handling scenarios not covered by IFRS

This important piece of legislation also allows the local regulator to step in when there are areas within international standards that require a domestic flair.

By Owen Mavengere Sep. 9, 2022

Currency crisis haunts listed firms

John Legat, the Imara Asset Management Zimbabwe chief executive, said it will take some time for the situation to return to normal as a result of currency distortions.

By The Southern Eye Oct. 24, 2021