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IASB amends IFRS Standards to improve accounting policy disclosures and accounting estimates

by admin | Feb 13, 2021 | Accounting, Tech News

On or about 12 February 2021, the International Accounting Standards Board (IASB) has issued narrow-scope amendments to the IFRS Standards to improve accounting policy disclosures and distinguish changes in accounting estimates from changes in accounting policies. The...

ISCA Support Fund to help SMPs post-Covid-19

by admin | Feb 10, 2021 | Accounting, Auditing, Tech News

On or about 7 Feb 2021, the Institute of Singapore Chartered Accountants (ISCA) has set up the ISCA Support Fund, worth $8 million, to help the accountancy profession and small and medium practices (SMPs) and small- and medium-sized accounting firms build resilience...

Advance Ruling Summary on Remittance rules under s 10(25)

by admin | Feb 3, 2021 | Income Tax, Tech News

On or about 1 Feb 2021, the Inland Revenue Authority of Singapore (IRAS) has published an Income Tax Advance Ruling Summary No. 2/2021 with regards to “Trigger point on the remittance rules under section 10(25) of the Income Tax Act “. The subject was...
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Recent Posts

  • Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12
  • Pension Benefits that Depend on Asset Return
  • The ASC submitted comments on Non-current Liabilities with Convenants and Supplier Finance Arrangement
  • Lessor Forgiveness of Lease Payments (IFRS 9 and IFRS 16)
  • Transfer of Insurance Coverage under a Group of Annuity Contracts (IFRS 17)

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