puru_test
asked over 1 year ago
how Ghana adopted IFRS?
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PRACHEETI
answered over 1 year ago
Ghana transitioned from the Ghana Accounting Standards (GAS) to adopt the IFRS on January 1, 2007.. As of 2008 and beyond, a legislative injunction has been imposed on the Bank of Ghana to prepare financial statements in accordance with IFRS; thereby making it mandatory for all public entities in the country.
For more details on IFRS please read the following article-> IFRS Detail
For more details on IFRS ACCA please read the following article-> ACCA IFRS DETAILS
For fee related things pleases read the following article-> IFRS Fees
