Firms face hurdles
…As IFRS 17 takes effect
PHILLIMON MHLANGA Zimbabwe’s insurance sector and the accountancy profession face hurdles as a new rule, the International Financial Reporting Standard 17 (IFRS 17) takes effect in a few weeks’ time, Business Times can report. The complicated new standard was issued by the International Accounting Standard Board (IASB) and comes into effect in January 2023, replacing IFRS…
