{"id":1054,"date":"2019-12-19T14:41:46","date_gmt":"2019-12-19T06:41:46","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1054"},"modified":"2020-01-12T15:19:01","modified_gmt":"2020-01-12T07:19:01","slug":"asc-comments-on-ed-2019-3-reference-to-the-conceptual-framework-proposed-amendments-to-ifrs-3","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2019\/12\/19\/asc-comments-on-ed-2019-3-reference-to-the-conceptual-framework-proposed-amendments-to-ifrs-3\/","title":{"rendered":"ASC&#8217;s comments on ED\/2019\/3 Reference to the Conceptual Framework (Proposed amendments to IFRS 3)"},"content":{"rendered":"\n<p>On or about 18 September 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment letter to the International Accounting standard Board (IASB) on ED\/2019\/3 Reference to the Conceptual Framework (Proposed Amendments to IFRS 3).<\/p>\n\n\n\n<p>The ASC is supportive of the proposed amendments  to International Financial Reporting Standards (IFRS) 3 <em>Business Combinations<\/em>.  It also stated that the proposed amendments would ensure that the  IFRS standards refer to the latest version of the Conceptual Framework  for Financial Reporting, while minimising accounting changes and other unintended consequences.<\/p>\n\n\n\n<p>The ASC further  stated that the proposed amendments would avoid many of the disadvantages of the alternative approaches identified by the IASB.<\/p>\n\n\n\n<p>For more information, please refer to the ASC website.<\/p>\n\n\n\n<p>Source: ASC website, 18 September 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On or about 18 September 2019, the Singapore Accounting Standards Council (ASC) has submitted its comment letter to the International Accounting standard Board (IASB) on ED\/2019\/3 Reference to the Conceptual Framework (Proposed Amendments to IFRS 3). The ASC is supportive of the proposed amendments to International Financial Reporting Standards (IFRS) 3 Business Combinations. It also [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7,6],"tags":[],"class_list":["post-1054","post","type-post","status-publish","format-standard","hentry","category-accounting","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=1054"}],"version-history":[{"count":2,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1054\/revisions"}],"predecessor-version":[{"id":1063,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1054\/revisions\/1063"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1054"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}