As the banks and insurance companies in Oman are listed as public companies. They are regulated by
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Question:
As the banks and insurance companies in Oman are listed as public companies. They are regulated by Capital Market Authorities. The Capital Market Authority has adopted IFRS for financial reporting purposes for the companies listed on Muscat Securities Exchange.
Identify and discuss in brief IFRS followed by Banking and Insurance companies in Oman.
[ List the IFRS and evaluate its objective with respect to bank’s and insurance company’s financial reporting. – 800 words +/- 5%]
Related Book For
Financial Reporting and Analysis
ISBN: 978-0078025679
6th edition
Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon
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