BDO releases IFRB 2026/07 Year-end Hyperinflationary Economies Update
BDO releases IFRB 2026/07 Year-end Hyperinflationary Economies Update
BDO has released IFR Bulletin: 2026/07 – Year-end Hyperinflationary Economies Update.
IFR Bulletin 2026/07 is BDO’s annual year-end hyperinflation update. Three jurisdictions have ceased to be hyperinflationary during the year (Burundi, Lebanon and Sienna Leone), and therefore, entities with functional currency of those local economies are required to cease applying IAS 29 Financial Reporting in Hyperinflationary Economies.
The IFR Bulletin may be accessed here.
IFR Bulletin 2026/07 is BDO’s annual year-end hyperinflation update. Three jurisdictions have ceased to be hyperinflationary during the year (Burundi, Lebanon and Sienna Leone), and therefore, entities with functional currency of those local economies are required to cease applying IAS 29 Financial Reporting in Hyperinflationary Economies.
The IFR Bulletin may be accessed here.