01
Document overview
Adopts IFRS S1 and IFRS S2 for preparing and reviewing annual financial statements or sustainability reports of listed public joint-stock companies and financial institutions. Full application of IFRS S1 and IFRS S2 begins on 1 January 2029, while the IFRS S2 Scope 3 greenhouse-gas-emissions requirements begin on 1 January 2030.
02
Scope and exclusions
Applies to
The obligation is directed to accounting and audit practitioners when they prepare or review the relevant reports of the specified entities. The FSA may issue the necessary forms in coordination with professional bodies.
Limitations and exclusions
The Decision neither reproduces nor replaces IFRS S1 and IFRS S2, does not displace other financial-reporting requirements and does not accelerate the deferred requirements. An entity's precise perimeter must be determined from the Decision together with the standards, FSA forms and sector-specific rules.
04
Official source
FSA Decision X/7/2026 · issued 17 March 2026 · effective the day after publication · Oman Financial Services Authority / Ministry of Justice and Legal Affairs
September 13, 2026
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