by admin | Jan 21, 2025 | Accounting, Company Law, Income Tax, Tech News
The Accounting Standards Committee (ASC), operating under the Accounting and Corporate Regulatory Authority (ACRA), has publicly endorsed key aspects of the International Accounting Standards Board’s (IASB) proposed update to equity method accounting. The...
by admin | Jan 17, 2025 | Accounting, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has formally issued the 2025 volume of the Singapore Financial Reporting Standards (International) [SFRS(I)s]. This edition is mandatory for annual reporting periods commencing on or after 1 January 2025. The...
by admin | Jan 16, 2025 | Accounting, Income Tax, Tech News
Singapore has ushered in significant tax changes effective 2025, implementing key aspects of the global BEPS 2.0 framework while introducing new domestic incentives and enhancing existing deductions. These reforms aim to maintain the nation’s competitiveness...
by admin | Jan 11, 2025 | Accounting, Income Tax, Tech News
The International Financial Reporting Standards (IFRS) Foundation has released significant updates across its digital platforms, impacting accounting professionals, standard-setters, and stakeholders globally. Key publications and announcements cover the IFRS for SMEs...
by admin | Jan 3, 2025 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has revised the implementation schedule for the spontaneous exchange of information (EOI) on certain cross-border tax rulings, a key commitment under the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project minimum...
