Accounting standards regulators in Mauritius adopted IFRS through two phases. Before the creation of IFRS, all companies in Mauritius were required to adopt the Mauritius Accounting Standards (MAS) created on 1989, which was established based on the accounting standards published by the Accounting Standards Board of the United Kingdom and the International Accounting Standards Committee (Nexia International, 1997, P.241).
However, starting from 2005 (Orrell and Holt and Mirza, 2006, P.1)
, Mauritian accounting standards regulators required that all listed and non-listed companies in Mauritius adopt IFRS (The Stock Exchange of Mauritius, 2006).
Nexia International. (1997). The International Handbook of Financial Reporting.
Orrell, Holt, and Mirza. (2006). International Financial Reporting Standards (IFRS)
The Stock Exchange in Mauritius. (2006). DEM – Post Listing Requirements. Retrieved 24
Deloitte & Touche. (2003). International Financial Reporting Standards - Of Growing
Importance for U.S. Companies. Retrieved 22 May 2009, from