The GOB makes use of Overseas Financial Reporting Standards (IFRS) included in its utilization of generally accounting that is accepted (GAAP).

The GOB makes use of Overseas Financial Reporting Standards (IFRS) included in its utilization of generally accounting that is accepted (GAAP).

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

The GOB utilizes Global Financial Reporting Standards (IFRS) included in its implementation of generally speaking Accepted Accounting maxims (GAAP). Continue reading “The GOB makes use of Overseas Financial Reporting Standards (IFRS) included in its utilization of generally accounting that is accepted (GAAP).”