ZIMBABWE’S financial reporting landscape continues to be complex for listed companies, marked by persistent challenges stemming from the country’s constantly evolving currency environment.The 2024 financial reporting season revealed a mixed performance, with 14 firms on the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) receiving qualified audit opinions, while five others were…
Financial reporting challenges persist
This problem is not new. For years, Zimbabwean companies have struggled to account for transactions and balances under constantly evolving monetary policies, hyperinflationary conditions, and shifting currency regimes