by admin | Apr 1, 2018 | Accounting, Tech News
On 18 April 2018, the IASB will hold two live web presentations on the revised Conceptual Framework for financial Reporting. Each session, which includes Q&A will last approximately 35 minutes. A recording is now available through YouTube. Board member Françoise...
by admin | Apr 1, 2018 | Accounting, Tech News
On 29 March 2018, the International Accounting Standards Board (IASB) has issued a revised version of its Conceptual Framework for Financial Reporting. The Conceptual Framework sets out the fundamental concepts of financial reporting that guide IASB in developing IFRS...
by admin | Apr 1, 2018 | Accounting, Tech News
On 2 April 2018, the Accounting Standard Council (ASC) has issued Singapore Financial Reporting Standards (International) (SFRS(I)) 17 Insurance Contracts and Financial Reporting Standard (FRS) 117 Insurance Contracts. The objective of SFRS(I) 17 and FRS 117 is to...
by admin | Mar 31, 2018 | Accounting, Tech News
On 2 April 2018, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2018/1 Accounting Policy Changes (Proposed amendments to IAS 8) for submission to the International Accounting Standards Board (IASB). All comments must be submitted to the...
by admin | Mar 12, 2018 | Accounting, Company Law, Tech News
KEY LEGISLATIVE AMENDMENTS THAT ARE EFFECTIVE FROM 31 MARCH 2017 Improving the transparency of companies and LLPs The Companies (Amendment) Act 2017 and the Limited Liability Partnership (Amendment) Act 2017 introduces the following new requirements: (1) To maintain...
by admin | Mar 10, 2018 | Accounting, Tech News
On 9 March 2018, the Accounting Standards Council (ASC) issued Singapore Financial Reporting Standard for Small Entities – Q&A Section 12, Issue 1 on Accounting for financial guarantee contracts in individual or separate financial statements of issuer. The...
