by admin | Feb 10, 2021 | Accounting, Auditing, Tech News
On or about 7 Feb 2021, the Institute of Singapore Chartered Accountants (ISCA) has set up the ISCA Support Fund, worth $8 million, to help the accountancy profession and small and medium practices (SMPs) and small- and medium-sized accounting firms build resilience...
by admin | Jan 21, 2021 | Accounting, Tech News
On or about 19 Jan 2021, the International Financial Reporting Standards (IFRS) released the meeting summary from the Accounting Standards Advisory Forum meeting which was held on 10 December 2020. The topics for discussion were: Rate-regulated...
by admin | Jan 14, 2021 | Accounting, Tech News
On or about 13 January 2021, the IFRS Foundation has published an educational material to support consistent application of IFRS Standards, brings together the requirements in IFRS Standards relevant for going concern assessments, and does not change, or add to,...
by admin | Dec 23, 2020 | Accounting, Tech News
In December 2020, the International Accounting Standards Board (Board) issued IFRS Taxonomy 2020—Update 2 Interest Rate Benchmark Reform—Phase 2. This Update includes IFRS Taxonomy elements to reflect the new disclosure requirements introduced by Interest Rate...
by admin | Dec 5, 2020 | Accounting, Tech News
On or about 27 November 2020, the International Accounting Standards Board (IASB) has proposed to amend IFRS 16 Leases by specifying how a company measures the lease liability in a sale and leaseback transaction. Sale and leaseback transactions are transactions for...
by admin | Nov 6, 2020 | Accounting, Tech News
On or about 28 September 2020, Mary Tokar, International Accounting Standards Board (IASB) member, and Sid Kumar, IASB Technical Staff Member, has discussed key financial reporting considerations for preparers, auditors, investors and regulators as they tackle the...
