by admin | Jul 20, 2024 | Accounting, Income Tax, Tech News
The International Accounting Standards Board (IASB) has issued its latest set of routine amendments to International Financial Reporting Standards (IFRS), titled Annual Improvements to IFRS Accounting Standards—Volume 11. Published on 18 July 2024, these narrow-scope...
by admin | Jul 19, 2024 | Accounting, Income Tax, Tech News
The Singapore Accounting Standards Committee (ASC) has formally endorsed key proposals by the International Accounting Standards Board (IASB) aimed at improving transparency around business acquisitions and goodwill impairment. The support comes in response to the...
by admin | Jul 17, 2024 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has announced an extension to the public consultation period for its draft guide detailing the upcoming Goods and Services Tax (GST) InvoiceNow requirement. Stakeholders now have until 25 July 2024 to submit written...
by admin | Jul 16, 2024 | Accounting, Income Tax, Tech News
The IFRS Foundation has announced a significant update to its website, publishing crucial materials for accounting and sustainability standards professionals globally. This release encompasses essential resources for upcoming meetings, summaries of recent events, and...
by admin | Jul 12, 2024 | Accounting, Income Tax, Tech News
A joint study by the Accounting and Corporate Regulatory Authority (ACRA) and the National University of Singapore’s Sustainable and Green Finance Institute (SGFIN) indicates strong momentum in climate reporting among large listed companies, while identifying critical...