Official government website of the Government of the Kingdom of Saudi Arabia
How to verify
Links to official Saudi websites end with org.sa

All links to official websites of government agencies in the Kingdom of Saudi Arabia end with gov.sa.

Government websites use the HTTPS protocol for encryption and security.

Secure websites in the Kingdom of Saudi Arabia use the HTTPS protocol for encryption.

Registered with the Digital Government Authority under number :

20250521156

SOCPA Approves IASB's Amendments to IFRS 3

SOCPA Approves IASB's Amendments to IFRS 3

SOCPA Approves IASB's Amendments to IFRS 3

SOCPA approves the amendments made by the IASB to IFRS No. 3 "Business Combinations", which consisted updating the outdated references to ensure consistency with the updated Conceptual Framework (2018), including definition of assets and liabilities in IFRS 3 are consistent with said framework.  These amendments can be viewed by clicking here.

Last Update On: 04 Aug 2021