This publication illustrates best practice disclosures, updated to comply with the latest requirements of the Singapore Companies Act, Singapore Financial Reporting Standards (FRSs) and Singapore Exchange Limited (SGX) Listing Manual.
Applicable to companies with a financial year ending 31 December 2010, these illustrative financial statements have been updated to incorporate, amongst others, the adoption of FRS 103 Business Combinations (2009) and FRS 27 Consolidated and Separate Financial Statements (2009) and an example of a voluntary change in accounting policy (from cost model to fair value model for investment property).
Download Singapore Illustrative Financial Statements 2010 (PDF, 1.1MB)While care has been taken in the preparation of this publication, reference to accounting standards and other authoritative material should be made, and specific advice sought, in respect of any particular transaction or specific circumstances. No responsibility for loss occasioned to any person acting or refraining from action as a result of any material in this publication can be accepted by KPMG Singapore or any member of KPMG International.
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