All posts tagged "financial reporting council"
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FRC denies disapproving CBN’s 2012 Financial Report
The Financial Reporting Council (FRC) Thursday denied a report that it refused to approve the 2012 financial report of the Central Bank of Nigeria (CBN). The council also said the fund raised for the proposed International Financial...
- Posted July 20, 2013
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Churches, mosques face penalty for poor financial reporting
The Federal Government through the Financial Reporting Council of Nigeria has given religious and other not-for-profit organisations until January 1, 2014, to start reporting their profit-making subsidiaries as business entities in line with a new financial reporting...
- Posted July 20, 2013
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Publicly-quoted companies struggle to migrate to IFRS
Some publicly-quoted companies due to release their financial year-end results in the International Financial Reporting Standards format are struggling to migrate, our correspondent has gathered. The Financial Reporting Council had issued a directive to all publicly-quoted companies...
- Posted May 7, 2013