First Volume: Effective for annual periods beginning on 1 January 2018

Singapore Financial Reporting Standards (International)
Effective for annual periods beginning on 1 January 2018

Singapore Financial Reporting Standards (International) (SFRS(I)s) refer to Singapore Financial Reporting Standards (International) and SFRS(I) Interpretations issued by the ASC.

SFRS(I)s comprise Standards and Interpretations that are equivalent to International Financial Reporting Standards (IFRS Standards) issued by the International Accounting Standards Board (IASB). Table of SFRS(I)s and IFRSs can be accessed here (195 KB).

The ASC’s policy intent is that an entity complying with SFRS(I)s can elect to simultaneously include an explicit and unreserved statement of compliance with IFRS Standards in its first SFRS(I) financial statements, and thereafter, in its subsequent SFRS(I) financial statements.

SFRS(I)s are available for entities to apply for annual reporting periods beginning on or after 1 January 2018.

The first volume of SFRS(I)s contains the equivalent of the consolidated text of IFRS Standards as issued by the IASB at 31 December 2017 that are applicable for annual reporting period beginning on 1 January 2018.

SFRS(I)s issued by the ASC are published for your own personal non-commercial use only, subject to the Terms & Conditions of Use of this Web Site. As SFRS(I)s are based on IFRS Standards and the copyright to IFRS Standards is owned by the IFRS Foundation, permission to use SFRS(I)s for any other purpose is required from the ASC and the IFRS Foundation with regard to SFRS(I)s and IFRS Standards, respectively.

First Volume of Singapore Financial Reporting Standards (International)

+ Statement on Applicability
Singapore Financial Reporting Standards (International)
SFRS(I) Interpretations

Other accompanying documents

SFRS(I)s should be read in the context of the Basis for Conclusions on IFRS Standards issued by the IASB. The Basis for Conclusions summarises the IASB’s considerations in developing IFRS Standards. The use of the Basis for Conclusions is subject to the IFRS Foundation's Terms and Conditions as if it is published on the IFRS Foundation's website.

Basis for Conclusions on IFRS Standards

Please click here (39046 KB) to download all the SFRS(I)s and SFRS(I) Interpretations in the first volume.

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