IFRS Regulations In Effect in Nicaragua

The new rules allow companies to submit their accounting information in a simpler, more expeditious manner in line with international regulations.

An article in Laprensa.com.ni notes, "According to the Central Bank of Nicaragua (BCN), which has already adopted IFRS, these 'are a set of international standards that provide the requirements for recognition, measurement, and disclosure in financial statements of an institution or company '. "

The implementation of the standards requires training, to this end Deloitte Nicaragua will be giving a conference entitled ‘The Route to International Financial Reporting Standards (IFRS) on July 21st at the Barceló, Managua.

Source: laprensa.com.ni

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