IFRS Implementation in Saudi Arabia, Jeddah, Riyadh, Dammam, Jubail, Khobar, Makkah IFRS adoption in Kingdom of Saudi Arabia Saudi Arabian Companies are implementing IFRS (International Financial Reporting Standards) IASB is now going fot the objective of one Globe, One IFRS. Adding countries and making them platfiorm and magnet to foreign investment. Following are the dates of effective IFRS Implementation in Saudi Arabia. Listed Companies1 KSA IFRS Transition Date: 01 January 2016 and comparative information date is 31 December 2016. KSA IFRS Reporting Date: 31 December 2017 Unlisted Companies KSA IFRS Transition Date: 01 January 2017 and comparative information date is 31 December 2017 KSA IFRS Reporting Date: 31 December 2018 Saudi Arabia is one of the 130+ countries to successfully adopt/ Implement IFRS. As the application of International Financial Reporting Standards (IFRS) in Saudi Arabia is newborn so companies are facing pro...