The National Accounting Council approved amendments to several SKKs and is publishing them for comment by interested parties. The approved amendments ease the burden on small business entities in providing explanatory notes to their financial statements. After taking comments into account, the amendments to the NSS will be submitted for promulgation by the minister responsible for finance.
The deadline for comments is until the date. October 10, 2021.
You are invited to engage with your comments and suggestions to make the SKKs as clear and easy to apply as possible.
Source: National Council of Accountancy.
Download here Changes to the SKKs.
