by admin | Jan 2, 2020 | Accounting, Income Tax, Tech News
On or about 2 January 2020, the Inland Revenue Authority of Singapore (IRAS) has updated information on taxation for construction companies and added a new section that sets out common scenarios of income and expense items, and the corresponding tax treatment to...
by admin | Dec 20, 2019 | Accounting, Tech News
On or about 17 December 2019, the International Accounting Standards Board (IASB) has issued Exposure Draft ED/2019/7 General Presentation and Disclosures for public comments by 30 June 2020. Limited changes to the statement of cash flows and the statement of...
by admin | Dec 19, 2019 | Accounting, Tech News
On or about 18 September 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment letter to the International Accounting standard Board (IASB) on ED/2019/3 Reference to the Conceptual Framework (Proposed Amendments to IFRS 3). The ASC is...
by admin | Dec 18, 2019 | Accounting, Tech News
On or about 18 December 2019. the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/7 General Presentation and Disclosures by 20 April 2020. The compiled comments would then be summarised and forwarded to the IASB. On or about 17 December...
by admin | Dec 18, 2019 | Accounting, Tech News
On or about 17 December 2019, the International Accounting Standards Board (IASB) has proposed improvements to the way information is communicated in the financial statements, with a focus on financial performance. Responding to investor demand, the proposals would...
by admin | Dec 4, 2019 | Accounting, Tech News
On or about 4 December 2019, the Accounting Standards Council (ASC) has issued Amendments to SFRS(I) 9, SFRS(I) 1-39 and SFRS(I) 7: Interest Rate Benchmark Reform and Amendments to FRS 109, FRS 39 and FRS 107: Interest Rate Benchmark Reform, effective for annual...
