Corporate DisclosurePRIMELIFE

PRIMELIFE Corporate Disclosure — 4 December 2018

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Announcement summary

What happened
PRIMELIFE published a corporate disclosure on 4 December 2018. Read the full announcement for details.
Company
Prime Islami Life Insurance Ltd.
Announcement published

Original announcement

Qualified Opinion: The auditor of the company has given the following "Qualified Opinion" in the audit report of the company for the year ended on 31 December 2017: Basis for Qualified Opinion: 1. According to IAS-19 'Employee benefits' Company has not recognized any provision in the Revenue Accounts and liability in the Balance Sheet against the Gratuity Fund. The Company recognizes the Gratuity payment in accordance with cash basis instead of accrual basis which is not compliance of (cont.1)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616aced55a6b00004005b019
Original publication
Last verified by BullBD
Translation
BullBD
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