Financial Reporting

ISCA issues FRG 3 with Illustrative Condensed Interim Financial Statements for the Preparation of Interim Financial Statements

FRG 3 Preparation of Interim Financial Statements under SFRS(I) 1-34 Interim Financial Reporting (in compliance with the SGX Listing Rule 705(3A)) has been issued to assist issuers in understanding the implications of SGX Listing Rule 705(3A) and applying SFRS(I) 1-34’s requirements in their preparation of interim financial statements. Accompanying FRG 3, two sets of Illustrative Condensed Interim Financial Statements have been issued as an illustration of how certain key requirements of SFRS(I) 1-34 and SGX Listing Rule Appendix 7.2 could be met concurrently in the interim financial statements.