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IASB amends IFRS Standards in response to the IBOR reform

by admin | Sep 26, 2019 | Accounting, Tech News

On or about 26 September 2019, the International Accounting Standards Board (IASB) has amended some of its requirements for hedge accounting. The amendments are designed to support the provision of useful financial information by companies during the period of...

ASC submits comments to IASB on proposed amendments to IFRS 3

by admin | Sep 18, 2019 | Accounting, Tech News

On or about 18 September 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment to the International Accounting standard Board (IASB) on ED/2019/3 Reference to the Conceptual Framework (Proposed Amendments to IFRS 3). According to the comment...

ASC submits comments to IASB on ED/2019/2 Annual Improvements to IFRS Standards 2018–2020

by admin | Aug 20, 2019 | Accounting, Tech News

On or about 20 August 2019, the Accounting Standards Council (ASC) has submitted its comment on ED/2019/2 Annual Improvements to IFRS Standards 2018–2020 to the IASB. The ASC are generally supportive of the proposals set out in the ED, subject to their comments on...

ASC invites comments on Exposure Draft ED/2019/6 Amendments to IAS 1 and IFRS Practice Statement 2

by admin | Aug 2, 2019 | Accounting, Tech News

On or about 2 August 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2) by 18 October 2019. The compiled comments would then be...

ASC submits comments to IFRS on Due Process Handbook

by admin | Aug 1, 2019 | Accounting, Tech News

On or about 1 August 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment to the International Financial Reporting Standards (IFRS) Due Process Oversight Committee on Exposure Draft on Proposed amendments to the IFRS Foundation Due Process...

IASB proposes amendments to IFRS Standards to improve accounting policy disclosures

by admin | Aug 1, 2019 | Accounting, Tech News

On or about 1 August 2019, the International Accounting Standards Board (IASB) has proposed amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgements to assist companies in providing accounting policy...
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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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