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Accounting News Flash January 2018

Accounting News Flash January 2018

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Which standards are mandatory for your financial year?

This publication briefly summarizes recent changes to SAK that are required to be applied by entities with annualreporting period beginning on 1 January 2017, and forthcoming requirements that will be effective for annual reporting periods beginning after 1 January 2017 and onwards. The summary reflects new standards, amendments and interpretations that have been issued up to 31 December 2017. This will help you keep abreast of the latest developments in SAK. 

They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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