Treating subsequent events in accordance with the requirements of the International Accounting Standard IAS 10
September 30, 2020
Based on the requirements of the business interest, the Central Bank of Iraq directed all licensed banks to take into account the application of the requirements of the International Accounting Standard No. (IAS 10) when preparing interim financial statements and final accounts,
and to reflect the subsequent events represented by the effects of the Corona pandemic (for example, but not limited to) in relation to events The amended and unmodified events for the purpose of accuracy in presentation and disclosure when preparing the financial statements and activating the requirements of the above standard according to the attached draft, a copy thereof, taking into account the updating of the items that may be introduced by the International Accounting Standards Committee.
» To view the draft work on handling subsequent events in accordance with the requirements of IAS 10 .. Click here https://cbi.iq/static/uploads/up/file-160146193466966.pdf