Latest News

  • 9 May 2024 - IASB issues IFRS 19 Subsidiaries without Public Accountability: Disclosures.

  • 8 May 2024 - ASC invites comments on Exposure Draft ED/2024/3 Contracts for Renewable Electricity.

  • 22 April 2024 - With effect from 22 April 2024, Mrs Chia-Tern Huey Min has assumed the position as the Chief Executive of the Accounting and Corporate Regulatory Authority (ACRA) and is appointed as a member of the Accounting Standards Committee. The composition of the Committee can be found here.

  • 11 April 2024 - IASB issues IFRS 18 Presentation and Disclosure in Financial Statements, which has an effective date of 1 January 2027 and will replace IAS 1 Presentation of Financial Statements.

  • 28 March 2024 - ASC has submitted its comment letter to the IASB on ED/2023/5 Financial Instruments with Characteristics of Equity—Proposed amendments to IAS 32, IFRS 7 and IAS 1.

  • 14 March 2024 - ASC invites comments on Exposure Draft ED/2024/1 Business Combinations—Disclosures, Goodwill and Impairment.

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