by admin | Jul 29, 2019 | Accounting, Income Tax, Tech News
On or about 29 July 2019, the Inland Revenue Authority of Singapore (IRAS) has published a new Common Reporting Standard (CRS) compliance section on their website stating that Financial Institutions (FIs) must comply with the CRS Regulations in Singapore. Reporting...
by admin | Jul 23, 2019 | Accounting, Income Tax, Tech News
On or about 23 July 2019, the Inland Revenue Authority of Singapore (IRAS) has published the e-Tax Guide on the Common Reporting Standard (CRS). The CRS is an internationally agreed standard for the automatic exchange of financial account information between...
by admin | Jul 22, 2019 | Accounting, Tech News
On or about 22 July 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/5 Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Proposed amendments to IAS 12) by 11 October 2019. The compiled comments...
by admin | Jul 17, 2019 | Accounting, Tech News
On or about 17 July 2019, the International Accounting Standards Board (IASB) has published the proposed changes to the IFRS Standard for income tax, IAS 12 for public comment. The amendments clarify how companies account for deferred tax on leases and decommissioning...
by admin | Jun 27, 2019 | Accounting, Tech News
On or about 27 June 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/4 Amendments to IFRS 17 by 16 August 2019. Comments are to be submitted by 16 August 2019. The compiled comments would then be summarised and forwarded to the...
by admin | Jun 26, 2019 | Accounting, Tech News
On or about 26 June 2019, the International Accounting Standards Board (IASB) seeks public consultation on proposed amendments to the insurance contracts Standard, IFRS 17. The aim of these amendments is to continue supporting implementation by reducing the costs of...