TheCable8h
Nigeria’s economy not hyperinflationary, says FRC
The Financial Reporting Council (FRC) says Nigeria does not qualify as a hyperinflationary economy under existing standards.
Compliance Week1d
FRC discloses probe of KPMG over 2022 audit of gambling company Entain
The U.K. Financial Reporting Council disclosed an investigation into KPMG's audit of international sports betting and ...
Nairametrics11h
Financial Reporting Council declares Nigeria not a hyperinflationary economy
The Financial Reporting Council of Nigeria (FRC) has rejected the suggestion that Nigeria is a hyperinflationary economy as outlined by ...
LEADERSHIP Newspaper15h
Nigeria Not In Hyperinflation – FRC Insists
The IAS 29 is a reporting standard that prescribes rules for financial reporting for companies that use the currency of a ...
Premium Times3h
Nigerian economy not hyperinflationary – FRC
IAS 29, titled Financial Reporting in Hyperinflationary Economies, provides accounting guidelines for countries experiencing hyperinflation.
businessday1d
Financial Reporting Council of Nigeria’s position on IAS 29 – Financial Reporting in Hyperinflationary Economies
The Financial Reporting Council of Nigeria (“FRC” or “the Council”) is a Federal Government regulatory agency established by ...
PA Media on MSN3d
KPMG investigated by industry watchdog over auditing of betting giant Entain
Accountancy giant KPMG is being investigated by the industry watchdog over its auditing of Ladbrokes and Coral betting giant ...
The Punch on MSN18h
Nigeria not hyperinflation economy – FRC
The Financial Reporting Council of Nigeria has said Nigeria is not yet in a hyperinflation economy and warned corporates from adopting International Accounting Standard 29 in the preparation of their ...
businessday1d
FRC says Nigeria is not in hyperinflation status
The Financial Reporting Council (FRC) of Nigeria clarifies that the Country has not yet reached a state of hyperinflation, ...