{"id":651796,"date":"2017-02-21T04:17:10","date_gmt":"2017-02-21T04:17:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/"},"modified":"2017-02-21T04:17:10","modified_gmt":"2017-02-21T04:17:10","slug":"amendments-to-egyptian-accounting-standards-published-in-official-gazette","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/","title":{"rendered":"Amendments to Egyptian Accounting Standards published in official gazette"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The amendments to regulations on how FX losses last year may be treated for tax purposes under Egyptian Accounting Standards were published in the Official Gazette yesterday<\/strong> after former investment minister Dalia Khorshid gave them her official nod <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/09\/govt-issues-amendment-to-accounting-standards-to-allow-for-recognizing-fx-costs\/\">earlier this month<\/a>. The Egyptian Financial Supervisory Authority had <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/16\/what-were-tracking-on-16-february-2017\/\">extended the deadline<\/a> for EGX-listed companies to submit their half- and full-year financial results to allow them time to factor in the changes to the accounting standards. Al Borsa has the <a href=\"http:\/\/www.alborsanews.com\/app\/uploads\/2017\/02\/1487599935_479_304239_38.pdf?af6eb6\">full text here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The amendments to regulations on how FX losses last year may be treated for tax purposes under Egyptian Accounting Standards were published in the Official Gazette yesterday after former investment minister Dalia Khorshid gave them her official nod earlier this month. The Egyptian Financial Supervisory Authority had extended the deadline for EGX-listed companies to submit [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-651796","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"167e78f6-82c2-4b29-b551-5b8fa7425fa3","order":"0","is_powered_by":true,"section_story_id":"98157093-28a1-4dd1-a8eb-89c2399584dd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[651784],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Amendments to Egyptian Accounting Standards published in official gazette - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amendments to Egyptian Accounting Standards published in official gazette\" \/>\n<meta property=\"og:description\" content=\"The amendments to regulations on how FX losses last year may be treated for tax purposes under Egyptian Accounting Standards were published in the Official Gazette yesterday after former investment minister Dalia Khorshid gave them her official nod earlier this month. The Egyptian Financial Supervisory Authority had extended the deadline for EGX-listed companies to submit [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-21T04:17:10+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Amendments to Egyptian Accounting Standards published in official gazette\",\"datePublished\":\"2017-02-21T04:17:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/amendments-to-egyptian-accounting-standards-published-in-official-gazette\/\",\"name\":\"Amendments to Egyptian Accounting Standards published in official gazette - 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The amendment adds an additional option to the standards that allows companies to recognize changes in valuations that preceded the EGP float in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622057,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/26\/finmin-federation-of-egyptian-banks-reach-compromise-on-new-accounting-standards\/","url_meta":{"origin":651796,"position":3},"title":"FinMin, Federation of Egyptian Banks reach compromise on new accounting standards?","author":"enterpriseam admin","date":"26 November 2018","format":false,"excerpt":"FinMin, Federation of Egyptian Banks working toward compromise on new accounting standards? The Finance Ministry and the Federation of Egyptian Banks (FEB) agreed at a meeting yesterday that proposed amendments to the tax code that could hit bank profitability won\u2019t be applied retroactively to the start of this year, sources\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621925,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/fra-brings-egyptian-accounting-standards-in-line-with-ifrs\/","url_meta":{"origin":651796,"position":4},"title":"FRA brings Egyptian Accounting Standards in line with IFRS","author":"enterpriseam admin","date":"21 November 2018","format":false,"excerpt":"The Financial Regulatory Authority (FRA) has amended the Egyptian Accounting Standards (EAS) to bring them in line with the IFRS, FRA boss Mohamed Omran announced yesterday. 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