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Fifteen countries have been identified as hyperinflationary, according to data from the International Monetary Fund's (IMF) October 2024 World Economic Outlook (WEO) report. So, PAS 29 'Financial Reporting in Hyperinflationary Economies' will have to be used by reporting organizations in those countries. Click here to read the full article: https://www.grantthornton.com.ph/technical-alerts/accounting-alert/2024/november-2024-hyperinflation-update/ #PAGrantThornton #GrowWithUs #GreatPlaceToGrow |
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