EghtesadOnline: After the banking system, insurance companies are next in line to conform their financial statements to International Financial Reporting Standards, with Iran Insurance Company leading the way.
EghtesadOnline: The International Financial Reporting Standards Foundation has published a new profile on the use of IFRS standards in Iran.
EghtesadOnline; Te Securities and Exchange Organization has mandated companies to prepare their financial statements based on International Financial Reporting Standards for the current fiscal year (ends March 20), in an official letter to all Iranian securities issuers and auditors.