by admin | Aug 20, 2019 | Accounting, Tech News
On or about 20 August 2019, the Accounting Standards Council (ASC) has submitted its comment on ED/2019/2 Annual Improvements to IFRS Standards 2018–2020 to the IASB. The ASC are generally supportive of the proposals set out in the ED, subject to their comments on...
by admin | Aug 8, 2019 | Accounting, Goods and Services Tax, Income Tax, Tech News
On or about 8 August 2019, the Inland Revenue Authority of Singapore (IRAS) has updated its content on advisory scams. Scam Email – ‘Inland Revenue Authority of Singapore-Refund-Online-Confirmation’ Members of the public are advised to ignore an...
by admin | Aug 2, 2019 | Accounting, Tech News
On or about 2 August 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2) by 18 October 2019. The compiled comments would then be...
by admin | Aug 1, 2019 | Accounting, Tech News
On or about 1 August 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment to the International Financial Reporting Standards (IFRS) Due Process Oversight Committee on Exposure Draft on Proposed amendments to the IFRS Foundation Due Process...
by admin | Aug 1, 2019 | Accounting, Tech News
On or about 1 August 2019, the International Accounting Standards Board (IASB) has proposed amendments to IAS 1 Presentation of Financial Statements and IFRS Practice Statement 2 Making Materiality Judgements to assist companies in providing accounting policy...
by admin | Jul 29, 2019 | Accounting, Income Tax, Tech News
On or about 29 July 2019, the Inland Revenue Authority of Singapore (IRAS) has published a new Common Reporting Standard (CRS) compliance section on their website stating that Financial Institutions (FIs) must comply with the CRS Regulations in Singapore. Reporting...
