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The ASC submitted comments on Non-current Liabilities with Convenants and Supplier Finance Arrangement

by admin | Mar 30, 2022 | Accounting, Tech News

On or about 25 Mar 2022, the Accounting Standards Council Singapore (ASC) has submitted its comment letter for the exposure draftS on ED/2021/9 Non-current Liabilities with Covenants (Proposed amendments to IAS 1) and ED/2021/10 Supplier Finance Arrangements (Proposed...

Lessor Forgiveness of Lease Payments (IFRS 9 and IFRS 16)

by admin | Mar 26, 2022 | Accounting, Tech News

On or about 24 Mar 2022, the IFRS Interpretations Committee has discussed the following agenda decision and tentatively decided not to add a standard-setting project to the work plan. Tentative Agenda Decision The IFRS Interpretations Committee received a request...

Transfer of Insurance Coverage under a Group of Annuity Contracts (IFRS 17)

by admin | Mar 26, 2022 | Accounting, Tech News

On or about 24 Mar 2022, the IFRS Interpretations Committee has discussed the following agenda decision and tentatively decided not to add a standard-setting project to the work plan. Tentative Agenda Decision The IFRS Interpretations Committee received a request...

Special Purpose Acquisition Companies: Classification of Public Shares as Financial Liabilities or Equity (IAS 32)

by admin | Mar 26, 2022 | Accounting, Tech News

On or about 24 Mar 2022, the IFRS Interpretations Committee has discussed the following agenda decision and tentatively decided not to add a standard-setting project to the work plan. Tentative Agenda Decision A request about applying IAS 32 in relation to the...

IRAS e-Tax Guide: Tax Treatment of Public-Private Partnership Arrangements

by admin | Mar 19, 2022 | Income Tax, Tech News

On or about 18 Mar 2022, the Inland Revenue Authority of Singapore (IRAS) has published the Fourth edition of the e-Tax guide, Income Tax: Tax Treatment of Public-Private Partnership Arrangements. It replaces the Third edition published on 22 Feb 2019. This e-Tax...
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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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