by admin | Jul 17, 2019 | Accounting, Tech News
On or about 17 July 2019, the International Accounting Standards Board (IASB) has published the proposed changes to the IFRS Standard for income tax, IAS 12 for public comment. The amendments clarify how companies account for deferred tax on leases and decommissioning...
by admin | Jun 27, 2019 | Accounting, Tech News
On or about 27 June 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/4 Amendments to IFRS 17 by 16 August 2019. Comments are to be submitted by 16 August 2019. The compiled comments would then be summarised and forwarded to the...
by admin | Jun 26, 2019 | Accounting, Tech News
On or about 26 June 2019, the International Accounting Standards Board (IASB) seeks public consultation on proposed amendments to the insurance contracts Standard, IFRS 17. The aim of these amendments is to continue supporting implementation by reducing the costs of...
by admin | Jun 24, 2019 | Accounting, Tech News
On or about 24 June 2019. the IFRS Interpretations Committee (Committee) has published a webcast discussing a March 2019 agenda decision on “over time transfer of a constructed good”. The agenda decision responds to a question received about the application of IAS 23...
by admin | Jun 19, 2019 | Accounting, Income Tax, Tech News
On or about 19 June 2019, the Ministry of Finance (MOF) is inviting interested parties to provide feedback on the draft Income Tax (Amendment) Bill 2019 from 19 June to 10 July 2019. The proposed amendments to the Income Tax Act (“ITA”) include 7 changes announced in...
by admin | Jun 18, 2019 | Accounting, Tech News
On or about 18 June 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment to the International Accounting Standards Board (IASB) on ED2019/1 Interest Rate Benchmark Reform (Proposed amendments to IFRS 9 and IAS 39). The ASC has raised...
