by admin | Nov 6, 2020 | Accounting, Tech News
On or about 28 September 2020, Mary Tokar, International Accounting Standards Board (IASB) member, and Sid Kumar, IASB Technical Staff Member, has discussed key financial reporting considerations for preparers, auditors, investors and regulators as they tackle the...
by admin | Nov 6, 2020 | Accounting, Tech News
On or about 29 October 2020, the International Financial Reporting Standards (IFRS) Foundation has published a proposed taxonomy update to assist in the high-quality tagging of information provided in primary financial statements that. The changes include a number of...
by admin | Nov 4, 2020 | Income Tax, Tech News
On or about 2 Nov 2020, the Inland Revenue Authority of Singapore (IRAS) has published an Income Tax Advance Ruling Summary No. 11/2020 with regards to “Whether the use of unremitted foreign sourced income towards capital reduction constitutes deemed remittance...
by admin | Oct 27, 2020 | Auditing, Tech News
On or about 22 October 2020, the Institute of Singapore Chartered Accountants (“ISCA”) has published a “Auditor Independence When Providing Non-Assurance Services: Findings from Survey of Audit Committee Members” after received feedback from an online survey conducted...
by admin | Oct 27, 2020 | Accounting, Tech News
On or about 14 October 2020, the IFRS Foundation has issued, “Compilation of Agenda Decisions — Volume 3” which contains all the agenda decisions made by the IFRS Interpretations Committee from April 2020 to September 2020. The agenda decisions included in this...
by admin | Oct 27, 2020 | Auditing, Tech News
On or about 22 October 2020, the Institute of Singapore Chartered Accountants’ (ISCA) Ethics Committee has set up a working group to to formulate recommended practices that will strengthen auditor independence in relation to the provision of non-assurance services...