by admin | Aug 20, 2025 | Accounting, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has announced a significant update to the Singapore Financial Reporting Standard (SFRS) for Small Entities, marking its most substantial overhaul to date. The amendments, published on 18 August 2025, are a...
by admin | Aug 19, 2025 | Accounting, Income Tax, Tech News
In a move designed to lower the compliance burden and promote cost-effective financial reporting, the Accounting Standards Council (ASC) has announced a significant amendment to FRS 119 Subsidiaries and Small Entities without Public Accountability: Disclosures. This...
by admin | Jul 26, 2025 | Accounting, Tech News
The IFRS Foundation has published a set of near-final examples designed to assist companies in providing clearer, more consistent disclosures about significant uncertainties within their financial statements. Leveraging climate-related scenarios for practical...
by admin | Jul 16, 2025 | Accounting, Goods and Services Tax, Income Tax, Tech News
Over 60 countries have mandated e-invoicing or digital tax reporting frameworks, with global adoption projected to near universality by 2030. This shift promises enhanced tax compliance, reduced administrative burdens, and real-time transaction visibility for...
by admin | Jul 12, 2025 | Accounting, Tech News
The IFRS Foundation has published crucial educational guidance to assist companies in effectively applying the industry-specific materials underpinning the International Sustainability Standards Board (ISSB) Sustainability Disclosure Standards. This new guidance...
by admin | Jul 10, 2025 | Accounting, Income Tax, Tech News
The IFRS Foundation has significantly enhanced its educational support for the IFRS for SMEs Accounting Standard by releasing dedicated learning modules structured around each section of the standard. These modules are currently undergoing updates to reflect the...
