Regulatory Alerts2008-01-01
Minister of Investment Decision No. (166) of 2008
The Egyptian Minister of Investment issued Decision No. 166 of 2008 to officially adopt and mandate the Egyptian Standards for Auditing, Review Engagements, and Other Assurance Services. The decree requires accountants auditing joint stock companies and capital market entities to apply these standards for financial periods ending after January 1, 2009, while stipulating that International Auditing Standards govern any unaddressed matters. It simultaneously repeals the previous 2000 Egyptian Auditing Standards issued by the Ministry of Foreign Trade and Industry and mandates publication in the Egyptian Gazette.
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