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ASC reminds firms to prepare for new accounting standards

It says new Financial Reporting Standards will affect companies across different industries and also lists key changes

Michelle Quah

Published Wed, Dec 28, 2016 · 09:50 PM

Singapore

SINGAPORE'S accounting standards-setting body has sent a reminder to companies (amid this period of feasting and merry-making) to prepare themselves for the new standards that will soon change the way they account for key items in their financial statements.

The Accounting Standard…

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