Tag Archives | FS
Issued in 2011, IFRS 10 is applicable for annual periods beginning on or after 1 January 2013. The new consolidation standard, IFRS 10 Consolidated Financial Statements (IFRS 10), may impact the accounting of third party cell captive arrangements. We will explore to what extent it will impact the cell insurer.
During the 23rd World Economic Forum on Africa, held earlier this year, regional and global leaders from business, government and civil society engaged in discussion around unlocking and delivering on Africa’s promise and potential. We believe that the continent will continue to show prominence as a key destination for foreign direct investment (FDI) in coming years, with Yunus Suleman, Chairman of KPMG Africa, reiterating: “Africa will continue to be one of the largest FDI destinations and will retain its position of having at least six of the fastest growing countries in the world!”