Welcome to our IFRS Hub, featuring IFRS-related articles that can help you stay ahead, enabling you to strengthen your business and stakeholders' confidence.
Articles exploring tax issues to help you gain trust and stay ahead, enabling you to manage your tax transparently and ethically.
If you are planning on doing business in Singapore, this guide provides an overview of Singapore's investment environment. Learn more about common issues companies might face when expanding into Singapore and get insights on navigating the country's legal, accounting and tax landscape.
Risk culture is shaped by everyday behaviours, not policies alone. In this article, we explore why risk culture often breaks down in practice and how organisations can close the gap between stated intent and everyday behaviour.
In this article, we explore how Singapore's tax regime, residency pathways and wealth structuring options make it an attractive hub for Global Indians.
Our ‘Insights into IFRS 16’ series explains the key requirements for lease accounting and helps reporting entities navigate the complexities of the Standard. This article provides an overview of the definition of a lease and the key considerations used to determine whether a contract contains a lease.
Our ‘Insights into IFRS 3' series summarises the key areas of the Standard, highlighting aspects that are more difficult to interpret and revisiting the most relevant features that could impact your business.
IAS 7 sets out the requirements for presenting statements of cash flows. This article provides an overview of its objective, scope and key requirements.
Accurate and consistent revenue recognition is a cornerstone of sound financial reporting for all businesses, ensuring comparability across industries and markets. The objective of determining the transaction price under IFRS 15 is to identify the amount of consideration an entity expects to be entitled to in exchange for transferring goods or services to a customer.
Planning an IPO in Singapore? In this article, we explore the common readiness gaps across governance, controls, organisational structure and disclosures, and how to address them effectively.
In this article, we explore how organisations can effectively manage internal investigations by balancing control, speed, cost, and independence. We discuss when companies should handle investigations internally, when external forensic or legal support may be necessary, and the key considerations in navigating complex misconduct, fraud, and regulatory matters.
A defensible transfer pricing adjustment requires more than a year-end clean up exercise. Explore how Singapore taxpayers can strengthen TP governance through clear policies, monitoring, implementation and documentation.
In this article, we explore why employers may receive a Skills Development Levy (SDL) assessment from SkillsFuture Singapore even after making CPF payments, and how to address potential compliance gaps.
IFRS 15 ‘Revenue from Contracts with Customers’ was jointly developed by the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) to harmonise revenue reporting under IFRS and US GAAP. In this article, we explore how to assess principal versus agent relationships and their impact on revenue recognition.
In this article, we explore why payment businesses need transaction mapping to identify GST risks and compliance gaps.
Even with scenarios and frameworks, climate risk quantification can feel abstract without a practical example that shows how assumptions translate into numbers. In this article, we explore a worked illustration that takes climate signals, converts them into business‑impact likelihood bands, and then models financial impacts step by step to derive an Expected Value estimate that management teams can use in planning and risk discussions.
Many organisations can describe climate risks qualitatively, but far fewer can quantify their likelihood and financial impact in a way that supports decision‑making and capital allocation. In this article, we explore how scenario analysis can be used to assess how impacts vary across climate futures, and how an Expected Value approach converts impact pathways into probability‑weighted financial outcomes that are decision‑useful
Climate risk is increasingly recognised as a driver of business performance, yet many organisations struggle to determine which climate topics are truly material and how they translate into operational impacts. In this article, we explore how to identify material climate topics, map climate risks to those topics, and translate them into clear business impact pathways that connect climate drivers to financial and operational outcomes.
Our ‘Insights into IFRS 2’ series explains the fundamentals of accounting for share-based payments and helps reporting entities navigate the complexities of the Standard. This article provides an overview of the objective and scope of IFRS 2, including the types of transactions to which it applies.
