by admin | Aug 3, 2018 | Accounting, Tech News
On 31 July 2018, the International Financial Reporting Standards (IFRS) has released both webcast and slides on FICE Discussion Paper to: Classification of compound instruments and redemption obligation arrangements; and Classification of derivatives on own equity A...
by admin | Aug 2, 2018 | Accounting, Tech News
On 1 August 2018, the Accounting Standard Council (ASC) has issued the Amendments to SFRS(I) 1-19 and Amendments to FRS 19: Plan Amendment, Curtailment or Settlement. Paragraphs 101A, 122A, 123A and 179 are added and paragraphs 57, 99, 120, 123, 125, 126 and 156 are...
by admin | Aug 2, 2018 | Accounting, Tech News
On 1 August 2018, the Accounting Standard Council (ASC) has issued the SFRS(I) Practice Statement and FRS Practice Statement: Making Materiality Judgements. This Practice Statement should be read in the context of its objective, the Preface to Singapore Financial...
by admin | Jul 29, 2018 | Accounting, Tech News
On 27 July 2018, the Accounting Standard Council (ASC) has submitted comment letter on ED/2018/1 the Exposure Draft on Accounting Policy Changes (Proposed amendments to IAS 8) issued by the International Accounting Standards Board in March 2018. More details can be...
by admin | Jul 18, 2018 | Accounting, Tech News
On 16 July 2018, the International Accounting Standards Board (IASB) has made available a first webcast in series for public at their website or access viz YouTube. The IASB’s Technical Director Kumar Dasgupta provides an overview of the Discussion Paper...
by admin | Jul 10, 2018 | Accounting, Tech News
The Challenge When a company put its surplus cash reserves for investment in shares and bonds for returns, what will be the impact to the company’s financial performance when the market fell sharply soon after its investment? Can the company hold on its position not...
