ASC website will be undergoing scheduled maintenance from 24 Oct 2020 (Saturday), 2200hrs to 25 Oct 2020 (Sunday), 0600hrs and will not be available during this period. We apologise for any inconvenience caused.
8 Oct 2020 - ASC has issued Q&A Section 35, Issue 1: Application of the undue cost or effort exemption when measuring fair value on transition to the Singapore Financial Reporting Standard for Small Entities.
6 Oct 2020 - ASC has submitted its comment letter to the IASB on Request for Information: Comprehensive Review of the IFRS for SMEs Standard.
6 Oct 2020 - ASC has submitted its comment letter to the IASB on ED/2019/7 General Presentation and Disclosures.
2 Oct 2020 - ASC reiterates its policy intent for continuing alignment of the effective dates of SFRS(I) 17 and FRS 117 Insurance Contracts with IFRS 17 Insurance Contracts, in response to uncertainty among some stakeholders.