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Home » Zimbabwe enters hyperinflation
National Report

Zimbabwe enters hyperinflation

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THE Institute of Chartered Accountants of Zimbabwe (ICAZ) says government’s decision for companies to adopt hyperinflation reporting will help with planning. The Public Accountants and Auditors Board (PAAB) last week approved the presentation of financial statements using the hyperinflationary economies standard IAS 29 — in a development that confirmed Zimbabwe is now officially in hyperinflation.…

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