A resource catered for the busy accountant. The pace of change of accounting standards in Singapore increased significantly since 2005. The standards and relevant references have been categorically captured, web-linked and will be continuously updated on this page specially created for the accounting community. Three main sections: (1) Changes by FY; (2) Exposure drafts; (3) References

Changes in FY 2008

FRS 19
Define benefit & minimum funding requirements - Eff. 1/1/2008

FRS 107
Financial instruments: Disclosure - Eff. 1/1/2008
(non-listed)

FRS 107
Financial instruments: Disclosure (Reclassification of financial assets) - Eff. 10/2008

FRS 107
Financial instruments: Disclosure (Reclassification of financial assets-effective date & transition) - Eff. 10/2008

INT FRS 111
Group & treasury share transaction - Eff. 1/3/2007

INT FRS 112
Service concession - Eff. 1/1/2008

INT FRS 113
Customer loyalty programmes - Eff. 1/7/2008

INT FRS 116
Hedges of net investment - Eff 1/10/2008


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