Changes to the financial reporting framework in Singapore (December 2022)
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 (International) (SFRS(I)s) is provided.
A comparison of the SFRS(I)s against IFRS and FRS against IFRS has been included, as well as summaries of other financial reporting matters arising from regulatory updates and guidance issued by ACRA and ISCA.