Latest News

  • 4 Dec 2019 - ASC has issued Amendments to SFRS(I) and FRS Standards: Interest Rate Benchmark Reform, effective for annual reporting periods beginning on or after 1 January 2020.

  • 28 Nov 2019 - ASC submits comment letter to IASB on Exposure Draft ED/2019/6 Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2).

  • 1 Nov 2019 - ASC submits comment letter to IASB on Exposure Draft ED/2019/5 Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Proposed amendments to IAS 12).

  • 30 Oct 2019 - MOF announced new appointments to ASC.

  • 21 Oct 2019 - ASC and ISCA jointly organised outreach for Singapore stakeholders to interact with IASB member on Dynamic Risk Management and Amendments to IFRS 17 Insurance Contracts.

  • 14 Oct 2019 - ASC submits comment letter to SMEIG on Draft Q&A Section 35, Issue 1 Application of the undue cost or effort exemption for investment property on transition to the IFRS for SMEs Standard.

  • 2 Oct 2019 - ASC submits comment letter to IASB on Exposure Draft ED/2019/4 Amendments to IFRS 17.

Consultations 

  • No open consultations.

Submissions

  • 28 Nov 2019 ASC's comment letter on ED/2019/6 Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2)
  • 1 Nov 2019 ASC's comment letter on ED/2019/5 Deferred Tax related to Assets and Liabilities arising from a Single Transaction (Proposed amendments to IAS 12)
  • 14 Oct 2019 - ASC's comment letter on Draft Q&A Section 35, Issue 1 Application of the undue cost or effort exemption for investment property on transition to the IFRS for SMEs Standard
  • 2 Oct 2019 - ASC's comment letter on ED/2019/4 Amendments to IFRS 17