Accounting Standards

Making sense of financial statements amid rule changes

Making sense of financial statements amid rule changes

In ST’s “Making sense of financial statements amid rule changes” by Reinhard Klemmer, highlighted the changes since 2018 and the consequential impact of these changes. What are the changes? ——————————————————————- i) In 2018, Singapore transitioned from local to International Financial Reporting Standards (IFRS), also known as Singapore Financial Reporting Standards (International) (SFRS (I)). Applicable to […]