GSE grants listed banks extension for filing 2022 audited financial statements

    Executive Director of the Ghana Stock Exchange, Abena Amoah.

    The Ghana Stock Exchange (GSE) has approved a request by the Ghana Association of Banks on behalf of the listed Banks for the filing of 2022 audited Financial Statements to be extended by one month to April 30, 2023.

    This will enable the eight banks work effectively with their external auditors to achieve the audit objectives.

    The banks are; Access Bank Ghana, ADB, CalBank, Ecobank Ghana, GCB Bank, Royal Bank Ghana, Standard Chartered Bank Ghana and Societe Generale.

    The Ghana Association of Banks has indicated that their discussions on the Government of Ghana Debt Exchange programme currently ongoing, has affected the finalisation of financial statements for the year ended December 31, 2022, by external auditors of the Banks.

    In particular, the deliberations have implications for the assessment of Expected Credit Losses and its impact on 2022 financial statements.

    The GSE said it is against this background that the date for filing of 2022 audited financial statements is extended by one month to April 30, 2023.

    It urged the banks that can conclude their audit in time, after the ongoing discussions to publish their audited financial statements within the existing statutory timeline.

    DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

    Source link

    Latest articles


    Related articles

    Leave a reply

    Please enter your comment!
    Please enter your name here