Based on the Securities and Exchange Organization’s recent announcement, all listed banks, credit institutes and insurance companies are required to provide their audited annual financial statements for the financial year ending 20 march 2017 both based on IFRS and national Iranian accounting standards.
Moreover, all listed companies of Tehran Stock Exchange and Iran Farabourse with above IRR 10 trillion of registered capital are obliged to provide their audited annual financial statements for the financial year ending 20 March 2017 in both IFRS and national Iranian accounting standards.
Other listed companies will be able to observe this announcement voluntarily for the financial year ending 20 March 2017.
The following year’s obligations will be announced accordingly.