by admin | Dec 13, 2021 | Accounting, Tech News
On or about 9 Dec 2021, the International Accounting Standards Board (IASB) has issued a narrow-scope amendment to the transition requirements in IFRS 17 Insurance Contracts, providing insurers with an option aimed at improving the usefulness of information to...
by admin | Dec 8, 2021 | Income Tax, Tech News
On or about 6 Dec 2021, the Inland Revenue Authority of Singapore (IRAS) has updates its website contents to information on common reporting standard (CRS) registration and deregistration. An entity that becomes a Reporting Singaporean Financial Institution (SGFI)...
by admin | Nov 29, 2021 | Accounting, Tech News
On or about 26 Nov 2021, the International Accounting Standards Board (IASB) has published for comments on the proposed changes in disclosure requirements to enhance the transparency of supplier finance arrangements and their effects on a company’s liabilities and...
by admin | Nov 22, 2021 | Accounting, Tech News
On or about 19 Nov 2021, the International Accounting Standards Board (IASB) has released for comments proposed amendments to IAS 1 Presentation of Financial Statements to improve the disclosure of information about a company’s long-term debts with covenants. IAS 1...
by admin | Aug 14, 2021 | Goods and Services Tax, Tech News
On or about 12 Aug 2021, the Inland Revenue Authority of Singapore (IRAS) has released the GST (Imports Relief) (Amendment) Order 2021 that updates the list of goods granted relief from import GST, which will comes into operation on 13 August 2021. From 13 August...
by admin | Aug 12, 2021 | Accounting, Income Tax, Tech News
On or about 10 Aug 2021, the Ministry of Finance (MOF) has released the Inland Revenue Authority of Singapore (Assignment of Functions) (No. 2) Notification 2021 that comes into operation on 6 August 2021. From 6 August 2021, the Inland Revenue Authority of Singapore...
