On Aug. 9, MEX GVT published government accounting manual.
MEX GVT published Agreement updating the government accounting manual.
Ensures manual's guidance re financial information disclosures are consistent with the regulations issued by the National accounting harmonization council (CONAC).
Effectiveness
Agreement enters in force day after its publication in official gazette, i.e, Aug. 10 2023
In addition, application of the revised manual will be mandatory as of Jan. 1, 2024.
MEX GVT Government Accounting Valuation
On Dec. 11, 2023, MEX GVT published agreement re registry, valuation of assets rules.
Updated the General Law of Government Accounting (LGCG), mandatory Jan. 1, 2025.
(Please note this content is now deemed out of scope and will not be further updated unless there is a change in process or other noteworthy event in relation to the topic).
Regulators
MEX GVT
Entity Types
Auditor; Corp
Reference
OG, 12/11/2023; OG, Man 8/9/2023
Functions
Accounting; Actuarial and Valuation; Financial; Legal; Record Retention; Reporting
