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United Assurance adopts IFRS since establishment

United Assurance adopts IFRS since establishment
(Photo Credit: Arabianeye-Reuters)
AICC
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Riyadh – Mubasher: United Cooperative Assurance (UCA) on Monday said that its financial statements are based on the International Financial Reporting Standards (IFRS) since establishment.

There is no financial impact for applying the IFRS on the company’s financial statements, according to a bourse filing.