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SGX reminds investors of new consolidation rule

Published Tue, Oct 22, 2013 · 10:00 PM
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A NEW financial reporting standard (FRS) affecting the consolidation of financial statements will become effective for annual periods beginning on or after Jan 1, 2014, the Singapore Exchange (SGX) reminded investors yesterday.

The new standard, FRS 110, issued by the Accounting Standards Council, could change the entit…

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