Companies in Mexico had to begin using IFRS by 2020.

Name: Companies in Mexico had to begin using IFRS by 2020.
Brand: Quizplus
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While Mexico has made efforts to adopt IFRS (International Financial Reporting Standards), there is currently no specific deadline for companies to fully transition to these standards. Some Mexican companies may choose to voluntarily adopt IFRS or may follow a modified version of Mexican GAAP (Generally Accepted Accounting Principles) that is aligned with IFRS.

Companies in Mexico Had to Begin Using IFRS by 2020