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USE OF IFRSs FOR REPORTING BY DOMESTIC LISTED AND UNLISTED COMPANIES BY COUNTRY AND REGION : Morocco
The table below summarises our understanding of the use of International Financial Reporting Standards as the primary GAAP by domestic listed and unlisted companies in their consolidated financial statements for external financial reporting. This means that the basis of presentation note and auditor's report indicate that the financial statements are prepared on the basis of IFRSs.
| | | Domestic Listed Companies |
. |
Domestic Unlisted Companies |
| Code | Country or Region | IFRSs Not
Permitted | IFRSs
Permitted | IFRSs
Required
for Some | IFRSs
Required
for All |
. |
Use of IFRSs by Unlisted Companies |
| MK |
Macedonia |
| | | X |
. |
IFRSs not permitted. |
| MW |
Malawi |
| | | X |
. |
IFRSs not permitted. |
| ML |
Mali |
X | | | |
. |
IFRSs not permitted. |
| MT |
Malta |
| | | X Note 1 |
. |
IFRSs required for all. |
| MY |
Malaysia |
X | | | |
. |
IFRSs not permitted. |
| MU |
Mauritius |
| | | X |
. |
|
| MX |
Mexico |
X | | | |
. |
IFRSs not permitted. |
| MD |
Moldova |
X | | | |
. |
IFRSs not permitted. |
| MA |
Morocco |
|
Listed companies other than banks and financial institutions may choose IFRSs or Moroccan GAAP. Banks/financial institutions must use Moroccan GAAP. |
| |
. |
|
| MZ |
Mozambique |
X | | | |
. |
|
Source: IAS PLUS DELOITTE |
