State Bank announces implementation of IFRS-9 from January 2022
KARACHI: The central bank on Tuesday announced the implementation of the International Financial Reporting Standard 9 (IFRS-9) from January 1, 2022, which was delayed due to the coronavirus pandemic. Through a circular issued on October 23, 2019, the State Bank of Pakistan (SBP) had announced plans to implement IFRS-9 from January 2020. However, keeping in … Read more