A Practical Guide to Financial Reporting Standards Singapore 8th Edition (International)

Previous editions of this book covered the Financial Reporting Standards (FRSs) and Interpretations of FRSs (INT FRSs), which applied to all companies in Singapore. However, effective for annual periods beginning on or after 1 January 2018, listed companies in Singapore are required to comply with the Singapore Financial Reporting Standards (International) [SFRS(I)s]. Non-listed companies in Singapore will continue to follow the FRSs and INT FRSs. As a result, this 8th edition now focuses on the SFRS(I)s and the SFRS(I) Interpretations [SFRS(I) INTs], replacing the coverage of FRSs and INT FRSs. The book has been updated to reflect the SFRS(I)s and SFRS(I) INTs effective for annual periods beginning on or after 1 January 2024.

Key features and inclusions:

• Major provisions of the standards are highlighted and illustrated with a professional focus, taking into account the Singapore context.

• Examination-style illustrations are included in chapters addressing more complex accounting issues.

• Accounting practitioners will find these illustrations useful, as they are based on the requirements of the SFRS(I)s and SFRS(I) INTs.