Navigating the changes to IFRS 2020

04 Mar 2020

Every year the requirements of International Financial Reporting Standards (IFRS) change. New Standards, Interpretations and Amendments are published that will affect companies’ future financial reporting. Our publication, Navigating the Changes to International Reporting Standards, is designed to give Chief Financial Officers a high-level awareness of these recent changes to IFRS.


Get ready for IFRS 17

12 Jun 2017

After twenty years of development the IASB published IFRS 17 ‘Insurance Contracts’. This new Standard replaces IFRS 4 which was published in 2004.


Insights into FRS 116: Major changes to lease accounting

06 Sep 2019

This publication explains the key changes to the accounting for leases by lessees and provides practical insights into its application and impact.


Accounting for revenue – the new normal: FRS 115

25 Jun 2018

The Accounting Standards Council Singapore issued Financial Reporting Standards FRS 115, Revenue from Contracts with Customers and aligns the adoption of revenue recognition standards in Singapore to the global adoption of new revenue recognition standards under IFRS and US GAAP.


Get ready for FRS 109: Classifying and measuring financial instruments

30 Jul 2018

FRS 109 introduces a new approach for financial asset classification; a more forward-looking expected loss model; and major new requirements on hedge accounting.


Webinar: Are you ready for FRS 116?

04 Jun 2020

The new leasing standard becomes effective for fiscal years beginning on or after 1 January 2019 and requires all leases to be accounted for 'on balance sheet', a major departure from the requirements of FRS 17 in respect of operating leases.