Turkey Financial Reporting Standard 17 (TFRS 17) Circular on Changes to Reports to be Presented within the Scope of Circular 2024/1 (2024/16)
Turkey Financial Reporting Standard 17 (TFRS 17) Circular on Changes to Reports to be Presented within the Scope of Circular 2024/1 (2024/16)

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On June 7, 2024, the Private Pension Regulation and Supervision Authority (IPRSA) issued circular 2024/16, which modifies the reporting methods for documents under TFRS 17. For the year 2024, the transition balance sheet date is set as January 1, 2024, and comparative financial statements will not be provided for interim periods. Year-end financial statements will, however, be subject to independent auditing.

This circular has come into effect as of its publication date, with the responsibility for its implementation resting with the head of the institution.

This content has been sourced from the official website of the Private Pension Regulation and Supervision Authority (IPRSA). Click here to access the original document and review the details.

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