by admin | Nov 6, 2020 | Accounting, Tech News
On or about 29 October 2020, the International Financial Reporting Standards (IFRS) Foundation has published a proposed taxonomy update to assist in the high-quality tagging of information provided in primary financial statements that. The changes include a number of...
by admin | Oct 27, 2020 | Accounting, Tech News
On or about 14 October 2020, the IFRS Foundation has issued, “Compilation of Agenda Decisions — Volume 3” which contains all the agenda decisions made by the IFRS Interpretations Committee from April 2020 to September 2020. The agenda decisions included in this...
by admin | Oct 8, 2020 | Accounting, Tech News
On or about 5 Oct 2020, the Accounting Standards Council (ASC) Singapore has responded to the Exposure Draft (ED/2019/7) on General Presentation and Disclosures which was issued by the IASB in December 2019. The ASC has commented on the following issues raised in the...
by admin | Oct 8, 2020 | Accounting, Tech News
On or about 30 September 2020, the International Financial Reporting Standards Foundation has released the monthly International Accounting Standards Board (IASB) podcast, by Sue Lloyd, IASB Vice-Chair and Darrel Scott, IASB member, cover topics from the IASB’s...
by admin | Oct 8, 2020 | Accounting, Tech News
On or about 7 October 2020, the Accounting Standards Council (ASC) has reaffirmed its policy intent for continuing alignment with the effective date of FRS 117 and SFRS(I) 17 with IFRS 17 Insurance Contracts for eligible entities, to annual reporting periods beginning...
by admin | Oct 8, 2020 | Accounting, Tech News
On or about 5 November 2020, the Accounting Standards Council (ASC) Singapore responded to the RFI, “Request for Information on Comprehensive Review of the IFRS for SMEs Standard”. The International Accounting Standards Board (IASB) in January 2020...