by admin | Nov 19, 2024 | Accounting, Income Tax, Tech News
The Singapore Accounting Standards Committee (ASC), operating under the Accounting and Corporate Regulatory Authority (ACRA), has formally responded to the International Accounting Standards Board’s (IASB) proposed guidance on disclosing climate-related and...
by admin | Nov 14, 2024 | Accounting, Income Tax, Tech News
The Economic Expansion Incentives (Relief from Income Tax) (Amendment) Bill 2024 (Bill 41/2024) cleared its second parliamentary reading on 11 November 2024, marking a significant step toward modernizing Singapore’s investment and tax relief framework under the...
by admin | Nov 14, 2024 | Accounting, Income Tax
Significant momentum is building behind the International Sustainability Standards Board (ISSB) Standards, with over 1,000 companies now referencing them in disclosures and 30 jurisdictions actively progressing towards embedding them within legal and regulatory...
by admin | Nov 13, 2024 | Accounting, Income Tax, Tech News
The International Accounting Standards Board (IASB) has published an Exposure Draft (ED/2024/5), Targeted Improvements to the Requirements for Provisions, Contingent Liabilities and Contingent Assets, initiating a consultation to enhance the recognition and...
by admin | Nov 8, 2024 | Accounting, Income Tax, Tech News
Group companies must prioritize Operational Transfer Pricing (OTP) to effectively implement transfer pricing (TP) policies, ensure financial statement accuracy, and withstand increasing global tax scrutiny, emphasized industry leaders at a recent Singapore Chartered...
