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New financial reporting for business trusts and collective investment schemes

by admin | Jan 20, 2017 | Accounting, Tech News

The Monetary Authority of Singapore (MAS) has announced that registered business trusts will have to adopt a new Singapore financial reporting framework that is identical to the International Financial Reporting Standards (IFRS) from 2018, while authorised collective...

ACRA’s revision to Financial Reporting Surveillance Program

by admin | Jan 15, 2017 | Accounting, Tech News

During the third annual audit committee seminar, the Accounting and Corporate Regulatory Authority (ACRA) announced its “restatement first” approach under the Financial Reporting Surveillance Program (FRSP) when reviewing financial statements starting 1 April 2017....
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