Regulatory Alerts2024-12-19 | NCF-09Accounting Manual for Stock Exchanges
The Standards Committee of the Central Reserve Bank of El Salvador issued the Accounting Manual for Stock Exchanges to establish technical accounting standards and chart of accounts for securities exchanges. The manual mandates compliance with International Financial Reporting Standards, requiring uniform transaction recording, specific financial statement presentations, and rigorous internal controls. It further details the codification structure, mandatory bookkeeping requirements, and procedures for the approval and modification of accounting systems.
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