by admin | Oct 16, 2020 | Auditing, Tech News
In an article under FOCUS, Lim Ju May, Terence Lam and Wang Zhumei explained how data analytics can be innovative and effective during audits even with complex businesses and large volume of transactions. The article states that data analytics is defined as the...
by admin | Oct 8, 2020 | Accounting, Tech News
On or about 5 Oct 2020, the Accounting Standards Council (ASC) Singapore has responded to the Exposure Draft (ED/2019/7) on General Presentation and Disclosures which was issued by the IASB in December 2019. The ASC has commented on the following issues raised in the...
by admin | Oct 8, 2020 | Accounting, Tech News
On or about 30 September 2020, the International Financial Reporting Standards Foundation has released the monthly International Accounting Standards Board (IASB) podcast, by Sue Lloyd, IASB Vice-Chair and Darrel Scott, IASB member, cover topics from the IASB’s...
by admin | Oct 8, 2020 | Ethics, Tech News
On or about 5 October 2020, the International Ethics Standards Board for Accountants (IESBA) has published revisions made to the International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code) to promote the role...
by admin | Oct 8, 2020 | Accounting, Tech News
On or about 7 October 2020, the Accounting Standards Council (ASC) has reaffirmed its policy intent for continuing alignment with the effective date of FRS 117 and SFRS(I) 17 with IFRS 17 Insurance Contracts for eligible entities, to annual reporting periods beginning...
by admin | Oct 8, 2020 | Accounting, Tech News
On or about 5 November 2020, the Accounting Standards Council (ASC) Singapore responded to the RFI, “Request for Information on Comprehensive Review of the IFRS for SMEs Standard”. The International Accounting Standards Board (IASB) in January 2020...
