Singapore Financial Reporting Standards (International)
Changes effective for annual reporting periods beginning after 1 January 2019

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 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.

The following are the revised Conceptual Framework and new/revised/amendments to SFRS(I)s issued by the ASC up to 31 December 2019 which are effective for annual reporting periods beginning after 1 January 2019.

 Conceptual Framework
Reference Title Effective Date
Issuance Date
Issued in 2019
Conceptual Framework
Conceptual Framework for Financial Reporting

- 14 Jan 2019

 Singapore Financial Reporting Standards (International)

Other accompanying documents

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

 Basis for Conclusions on IFRS Conceptual Framework

 Basis for Conclusions on IFRS Standards
Reference Title
IFRS 10, IAS 28 Basis for Conclusions: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture

Basis for Conclusions: Effective Date of Amendments to IFRS 10 and IAS 28
IFRS 17 Basis for Conclusions: Insurance Contracts
Various Amendments to Bases for Conclusions on IFRS Standards and IFRS Practice Statements
International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), SIC Interpretations (SIC)  



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Last updated on 14 January 2019