Changes to the financial reporting framework in Singapore 2015
This publication from Deloitte (Singapore) provides a roundup of the recent changes in the Singapore financial reporting framework which are important to accounting and audit professionals.
A summary of the new/revised Singapore Financial Reporting Standards (FRSs) is provided, organised based on their effective dates.
A comparison of the FRS against IAS/IFRS has been included, as well as summaries of other financial reporting matters arising from regulatory updates.