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Dec 4, 2025 · 13 January 2026 - ASC publishes the collections of SFRS (I)s and FRSs that are required to be applied for annual reporting period beginning on 1 January 2026.
In the sub-section on Singapore Financial Reporting Standards, you will be able to obtain information on the accounting standards used in Singapore and also find relevant links to the Accounting Standards Committee (A...
There are more than 40 Financial Reporting Standards (FRS) issued in Singapore. Each Singapore accounting standards covers a specific topic and hence, not all the standards will be relevant to a particular business.
SFRS helps prepare and present financial statements and ensure consistency and transparency. These accounting standards aim to provide relevant and reliable information to stakeholders, facilitate informed decision-ma...
Dec 21, 2025 · Singapore’s accounting standards, known as SFRS, align closely with IFRS. SFRS mandates IFRS compliance for listed companies and offers it as an option for others.
What are the SFRS? Since 2003, all Singapore companies must prepare and present financial statements that comply with the Singapore Financial Reporting Standards (SFRS), which is substantially similar to the Internati...
Feb 23, 2025 · Singapore has a strong regulatory framework for financial reporting, ensuring transparency, consistency, and accountability in businesses. The Singapore Financial Reporting Standards (SFRS) play a cruci...
Jul 1, 2025 · SFRS (I) is Singapore’s equivalent of the International Financial Reporting Standards (IFRS) and is mandatory for companies listed, or seeking listing, on the Singapore Exchange (SGX) under its...
May 29, 2025 · Singapore accounting standards are closely modelled on the IFRS and called the Singapore Financial Reporting Standards (SFRS), which we will discuss in detail in this article.
Dec 5, 2024 · As a business owner, keeping up with Singapore Financial Reporting Standards (SFRS) might seem like navigating a maze of evolving rules. But staying informed about these standards isn’t just a compliance...
