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Posted by on Aug 7, 2020 in | 0 comments

The GOB utilizes Overseas Financial Reporting Standards (IFRS) as an element of its utilization of generally speaking Accepted Accounting maxims (GAAP).

Bahrain’s industrial sector displays dominance by state-controlled organizations such as for example Aluminum Bahrain (ALBA) and Gulf Petrochemical Industries business (GPIC). De facto monopolies additionally occur in a few companies led by people or family-run companies.

The GOB makes use of Global Financial Reporting Standards (IFRS) as an element of its utilization of generally speaking Accepted Accounting maxims (GAAP). IFRS are used by domestic detailed and unlisted businesses in their consolidated monetary statements for outside reporting that is financial.

Bahrain adopted Overseas

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