Oman – Regulator adopts XBRL for financials of listed firms
Wednesday, 04 17 2019, Category: Insurance and Reinsurance, Country: Oman
Financial market watchdog, Capital Market Authority (CMA) has agreed to raise its budget for the implementation of extensive business reporting language (XBRL) filing system for disclosure of financial statements of listed and licensed companies.
‘The board agreed, in light of the government’s endeavours to implement e-government, to enhance the budget to implement XBRL filing system for disclosure of financial statements of listed and licensed companies’, the CMA said in a statement posted on its website.
Source: Muscat Daily