This page provides a guide to Singapore Financial Reporting Standards (FRS). Through this guide, we will help you understand the key concepts and features of the Singapore FRS framework. Financial Reporting standards prescribe the methods of recognition, measurement, presentation and disclosure requiremen...
FRS 103: Allocating the cost of a business combination In Singapore, the Financial Reporting Standard (FRS) 103 „Business Combination‟ is consistent with IFRS 3 in all material aspects. At the date of acquisition, an acquirer must measure the cost of the business combination by recognising ...
FRS 103: Allocating the cost of a business combination Continued Support from The Singapore Budget 2013 Explanation of the Methodology 30 FRS 36: Impairment Of Intangible Assets And Goodwill IFRS 13: Fair Value Measurement FEATURES Getting a Grip on Intangibles 9 Where do the 22 figures come ...