{"id":1622,"date":"2020-10-08T10:40:50","date_gmt":"2020-10-08T02:40:50","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=1622"},"modified":"2021-02-18T10:50:45","modified_gmt":"2021-02-18T02:50:45","slug":"asc-responds-to-the-request-for-information-issued-by-the-iasb","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2020\/10\/08\/asc-responds-to-the-request-for-information-issued-by-the-iasb\/","title":{"rendered":"ASC responds to the Request for Information: Comprehensive review of the IFRS for SMEs Standard"},"content":{"rendered":"\n<p>On or about 5 November 2020, the Accounting Standards Council (ASC) Singapore responded to the RFI, &#8220;<em>Request for Information on Comprehensive  Review of the IFRS for SMEs Standard&#8221;<\/em>. <\/p>\n\n\n\n<p>The  International  Accounting Standards Board (IASB) in January 2020 commenced the second comprehensive review of the <em>IFRS for SMEs Standard<\/em> (the Standard) approximately two years after the effective date of 2015 Amendments to the IFRS for SMEs.<\/p>\n\n\n\n<p>The ASC is supportive of the IASB continuing to follow the alignment approach and clarified the following questions raised by the IASB: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Strategic and general questions \u2014 framework for the second comprehensive review<\/li><li>Questions on aligning specific sections of the Standard<\/li><li>Questions on new topics and other matters related to the Standard.<\/li><\/ul>\n\n\n\n<p>Source: <em>ASC<\/em>, 7 October 2020<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On or about 5 November 2020, the Accounting Standards Council (ASC) Singapore responded to the RFI, &#8220;Request for Information on Comprehensive Review of the IFRS for SMEs Standard&#8221;. The International Accounting Standards Board (IASB) in January 2020 commenced the second comprehensive review of the IFRS for SMEs Standard (the Standard) approximately two years after the [&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-1622","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\/1622","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=1622"}],"version-history":[{"count":2,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1622\/revisions"}],"predecessor-version":[{"id":1624,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/1622\/revisions\/1624"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=1622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=1622"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=1622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}