by admin | Mar 26, 2022 | Accounting, Tech News
On or about 24 Mar 2022, the IFRS Interpretations Committee has discussed the following agenda decision and tentatively decided not to add a standard-setting project to the work plan. Tentative Agenda Decision A request about applying IAS 32 in relation to the...
by admin | Feb 25, 2022 | Accounting, Income Tax, Tech News
On or about 23 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updates its website content to Interbank Offered Rate reform. In view of the global Interbank Offered Rate (“IBOR”) reform, the Singapore Overnight Rate Average (“SORA”) will replace...
by admin | Feb 19, 2022 | Accounting, Income Tax, Tech News
On or about 17 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has updates its website content to tax governance and tax risk management. Tax governance and tax risk management are essential to a good corporate governance. Tax governance encompasses a...
by admin | Feb 18, 2022 | Accounting, Income Tax, Tech News
On or about 17 Feb 2022, the Inland Revenue Authority of Singapore (IRAS) has published the first edition of the e-Tax Guide on Tax Risk Management and Control Framework for Corporate Income Tax. The e-Tax guide on Tax Risk Management and Control Framework for...
by admin | Jan 13, 2022 | Accounting, Tech News
On or about 11 Jan 2022, the Accounting Standards Council (ASC) Singapore has issued a 2022 Singapore Financial Reporting Standards (International) (SFRS(I)s) effective for annual reporting periods starting from 1 January 2022. The SFRS(I)s include standards and...
by admin | Dec 13, 2021 | Accounting, Tech News
On or about 9 Dec 2021, the International Accounting Standards Board (IASB) has issued a narrow-scope amendment to the transition requirements in IFRS 17 Insurance Contracts, providing insurers with an option aimed at improving the usefulness of information to...
