You are here

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
Thursday, December 29, 2016 - 05:50

BT_20161229_MQASC29_2665887.jpg
The standards will affect companies to varying extents, says Mr Kwok, adding that firms should undertake an in-depth analysis to determine the full implications of the standards on their financial reporting.

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

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom