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FR Local News
ISCA issues Financial Reporting Bulletin 6 (FRB 6) on COVID-19 Government Relief Measures: Accounting for the grant provided by the Singapore Government for wages paid to local employees under the Jobs Support Scheme
07 May 2020
ISCA issues FRB 6 on COVID-19 Government Relief Measures: Accounting for the grant provided by the Singapore Government for wages paid to local employees under the Jobs Support Scheme.
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FR Local News
ISCA issues Financial Reporting Bulletin 5 (FRB 5) on COVID-19 Government Relief Measures: Accounting for Singapore property tax rebate from the perspective of the landlord and the tenant
19 Apr 2020
FRB 5 was issued to provide accounting guidance and key considerations on how to account for the above property tax rebate granted by the Singapore government to the landlord (from the landlord’s perspective) and how to account for the related rental rebate granted by the landlord to the tenant (from the tenant’s perspective).
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FR Local News
ISCA issues Financial Reporting Bulletin 3 (FRB 3) on Classification of Liabilities as Current or Non-current (Amendments to IAS 1)
15 Apr 2020
ISCA issues FRB 3 on Classification of Liabilities as Current or Non-current (Amendments to IAS 1).
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FR Local News
ISCA issues Financial Reporting Bulletin 4 (FRB 4) on FAQs on application of ISCA Financial Reporting Codification Framework
15 Apr 2020
FRB 4 was issued to address anticipated questions on the application of the Codification Framework issued in November 2019.
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FR Local News
ISCA issues Financial Reporting Bulletin 2 (FRB 2) on Accounting implications arising from COVID-19 for entities with 31 December 2019 financial reporting date
27 Mar 2020
In response to the Covid-19 outbreak, FRB 2 was issued to share ISCA FRC’s views on the accounting implications arising from Covid-19 for entities with 31 December 2019 financial reporting date.
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FR Local News
ISCA issues Financial Reporting Bulletin 1 (FRB 1) on FAQs on application of Financial Reporting Guidance 1
09 Mar 2020
In November 2019, ISCA issued FRG 1 which sets out best practices when engaging valuers for financial reporting purposes.
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FR Local News
ISCA issues Financial Reporting Guidance 2 (FRG 2): Accounting for Cryptoassets From a Holder’s Perspective
05 Mar 2020
ISCA issues FRG 2: Accounting for Cryptoassets From a Holder’s Perspective.
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FR Local News
MAS and ACRA Launch Variable Capital Companies Framework
14 Jan 2020
The Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) launched the Variable Capital Companies (VCC) framework today.
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FR Local News
ISCA comments on IASB’s ED Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2)
31 Dec 2019
ISCA comments on IASB’s ED Disclosure of Accounting Policies (Proposed amendments to IAS 1 and IFRS Practice Statement 2)
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FR Local News
ASC issued Amendments to SFRS(I) and FRS Standards
03 Dec 2019
The ASC has issued Amendments to SFRS(I) 9, SFRS(I) 1-39 and SFRS(I) 7: Interest Rate Benchmark Reform and Amendments to FRS 109, FRS 39 and FRS 107: Interest Rate Benchmark Reform, effective for annual reporting periods beginning on or after 1 January 2020.
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