Categories: Switch

Nintendo To Adopt International Financial Reporting Standards In The Future

Today, Nintendo published their financial results for the fiscal year ending March 31, 2019.

In their latest report, Nintendo mentioned that they are now looking into adopting the mandatory International Financial Reporting Standards into their basic policies for financial accounting. No word has been made on the exact date they will adopt the standards as their employees are currently attending outside seminars to gather information and deliberate on the adoption of the standards.

International Financial Reporting Standards (via Wikipedia) is described as a “common global language for business affairs so that company accounts are understandable and comparable across international boundaries.”

What do you think? Let us know in the comments.

Iggy

Recent Posts

DONKEY KONG 64 Revisited Album Includes Revamped DK Rap

Materia Collective and composer Grant Kirkhope have announced a DONKEY KONG 64 Revisited music album…

6 hours ago

Guide: Tips To Complete Pokemon Scarlet/Violet’s Mightiest Mark Torterra Tera Raid

Over the course of this weekend, Pokemon Scarlet And Violet players will be challenging a 7…

6 hours ago

Pokemon Scarlet/Violet NAIC 2024 Shiny Pelipper Mystery Gift Distribution Now Live

The Pokemon Company has started a new Mystery Gift distribution for Pokemon Scarlet And Violet.…

17 hours ago

Nintendo Will Be At Taipei Game Show 2025

Nintendo has announced they will be participating in the Taipei Game Show 2025. This announcement…

18 hours ago

Eevee and Eeveelution Plushies With Carabiners Announced For Pokemon Center Stores In Japan

Pokemon fans in Japan can look forward to even more Pokemon pals that they can…

1 day ago

Pokemon Gold/Silver 25th Anniversary Plushies And Merchandise Announced In Japan

Fans of Pokemon's 2nd generation can look forward to some nostalgic merch soon! The Pokemon…

1 day ago