by admin | Feb 23, 2019 | Accounting, Tech News
The International Accounting Standards Board (IASB) member Nick Anderson has issued an article that discussed the objectives of the 2016 Disclosure Initiative (Amendments to IAS 7). These amendments to IAS 7 Statement of Cash Flows require a disclosure of changes in...
by admin | Feb 21, 2019 | Accounting, Tech News
On or about 19 February 2019, the Institute of Singapore Chartered Accountants (ISCA) has commended the Government on Singapore Budget. ISCA highlights how it is working to help fulfill some of the initiatives in the local accounting industry, specifically: Building...
by admin | Feb 16, 2019 | Accounting, Tech News
The IASB has published a webcast which discusses the new revenue recognition model in IFRS 15 Revenue from Contracts with Customers. This is in conjunction with many companies will shortly publish full-year IFRS 15 revenue and disclosures for the first time in 2019....
by admin | Feb 2, 2019 | Accounting, Tech News
On or about 18 September 2017, the Accounting Standards Council (ASC) Singapore has issued INT FRS 123 Uncertainty over Income Tax Treatments came into effect on 1 January 2019, which clarifies the accounting recognition and measurement requirements for uncertainties...
by admin | Jan 16, 2019 | Accounting, Tech News
On or about 14 January 2019, the Accounting Standards Council (ASC) issued a revised Conceptual Framework for Financial Reporting and new/revised/amendments to SFRS(I)s up to 31 December 2019 which are effective for annual reporting periods beginning after 1 January...
by admin | Jan 11, 2019 | Accounting, Tech News
On or about 9 January 2019, the Accounting Standards Council (ASC) has submitted its comment letter to the International Accounting Standards Board (IASB) commended the IASB for its efforts in attempting to address the existing conceptual and application challenges...
