Corporate DisclosureNORTHRNINS
NORTHRNINS Corporate Disclosure — 16 August 2020
Announcement summary
- What happened
- NORTHRNINS published a corporate disclosure on 16 August 2020. Read the full announcement for details.
- Company
- Northern Islami Insurance PLC.
- Announcement published
Original announcement
(Continuation news of NORTHRNINS): The Company has also revised the balance of revaluation reserve due to erroneous transfer in previous years. The prior error of revaluation transfer to retained earnings is classified as an error under IAS 8: Accounting policies, changes in accounting estimates and error and has been rectified with retrospective adjustment. Detailed calculation has been shown under note no. 5 & 6. Note 5- Revaluation Reserve: (cont. 4)
Source & verification
- Source
- Published company disclosure
- Published through
- Dhaka Stock Exchange
- Announcement ID
- 616ace8c5a6b000040056690
- Original publication
- Last verified by BullBD
- Translation
- BullBD
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