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...
by admin | May 31, 2019 | Accounting, Tech News
On or about 31 May 2019, the International Accounting standards Board (IASB) has published proposed narrow-scope amendments to IFRS 3 Business Combinations. These amendments will update a reference to the Conceptual Framework for Financial Reporting without changing...
by admin | May 28, 2019 | Accounting, Tech News
On or about 28 May 2019, the International Accounting Standards Board (IASB) provide a summary of discussions held at the May Board meeting as well as of other developments. The main topics discussed were: Amendments to the IFRS Foundation’s Due Process...
by admin | May 22, 2019 | Accounting, Tech News
On or about 22 May 2019, the Accounting Standards Council (ASC) invites comments on Exposure Draft ED/2019/2 Annual Improvements to IFRS Standards 2018–2020 by 12 July 2019. Comments to reach ASC by 12 July 2019. The compiled comments would then be summarised and...
by admin | May 6, 2019 | Accounting, Tech News
On or about 3 May 2019, the Accounting Standard Council Singapore (ASC) invites comments on Exposure Draft ED/2019/1 Interest Rate Benchmark Reform (Proposed amendments to financial instruments standards, IFRS 9 and IAS 39). Comments are to be submitted by 24 May...