Corporate DisclosureFEDERALINS
FEDERALINS Corporate Disclosure — 15 September 2020
Announcement summary
- What happened
- FEDERALINS published a corporate disclosure on 15 September 2020. Read the full announcement for details.
- Company
- Federal Insurance PLC
- Announcement published
Original announcement
The auditor of Federal Insurance Company Ltd. has given the following "Qualified Opinion" in the audit report of the Company prepared for the year ended on December 31, 2019. Qualified Opinion: 1. The company did not make loss allowance for expected credit losses as per IFRS-9 against Outstanding premium, Advance against others and deposit & prepayments. Quantitative information has been disclosed by the management in notes 18, 20.02, and 20.03 of the financial statements respectively; (cont. 1)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b00004005623d
- Original publication
- Last verified by BullBD
- Translation
- BullBD
More news from FEDERALINS
Financial information is provided for general reference only and may be revised by the company. BullBD is not the official DSE website. Not investment advice.