Global Standards for the world economy

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New jurisdiction profile posted on use of IFRS Standards in Montenegro

 31 March 2017

We have posted a new profile on the use of IFRS Standards in Montenegro. Our website now has profiles for 150 jurisdictions.

In Montenegro, the Law on Accounting and Auditing requires all companies to use IFRS Standards.

In 84 percent, or 126 of the 150 jurisdictions profiled, IFRS Standards are required for most or all listed companies and financial institutions. 13 of the remaining 24 jurisdictions either permit IFRS Standards or require IFRS Standards for some, but not all or most, listed companies or banks.

Click here to view the Montenegro profile.