by admin | Apr 1, 2018 | Accounting, Tech News
On 29 March 2018, the International Accounting Standards Board (IASB) has issued a revised version of its Conceptual Framework for Financial Reporting. The Conceptual Framework sets out the fundamental concepts of financial reporting that guide IASB in developing IFRS...
by admin | Apr 1, 2018 | Accounting, Tech News
On 2 April 2018, the Accounting Standard Council (ASC) has issued Singapore Financial Reporting Standards (International) (SFRS(I)) 17 Insurance Contracts and Financial Reporting Standard (FRS) 117 Insurance Contracts. The objective of SFRS(I) 17 and FRS 117 is to...
by admin | Mar 31, 2018 | Accounting, Tech News
On 2 April 2018, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2018/1 Accounting Policy Changes (Proposed amendments to IAS 8) for submission to the International Accounting Standards Board (IASB). All comments must be submitted to the...
by admin | Mar 29, 2018 | Goods and Services Tax, Tech News
On 21 March 2018, the Enterprise Singapore Board Act 2018 (Commencement) Notification 2018 (S 171/2018) was published in the Government Gazette (electronic edition). The Enterprise Singapore Board Act 2018, except sections 64, 65, 67(2) and 70, comes into operation on...
by admin | Mar 23, 2018 | News
The Singapore Accountancy Alliance organized a half-day seminar which took place on 22 March 2018. The seminar covered important topics, sharing valuable insights such as: how changes in the new revenue standard that affect business pricing model and impact in...