KPMG IFRS Institute 

Having a common language about financial information is important for doing business.

Embodied in the International Financial Reporting Standards (IFRS) set by the International Accounting Standards Board (IASB), the benefits of converting to IFRS include greater comparability of financial reporting across borders and capital markets, and creating greater transparency for investors.

Financial Reporting Matters

Financial Reporting Matters
KPMG's Financial Reporting Matters is a newsletter that aims to keep you informed on financial reporting developments in Singapore and internationally.

Singapore Illustrative Financial Statements 2012

Singapore Illustrative Financial Statements 2012
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.

The application of IFRS Retail

The publication focuses on key IFRS accounting issues facing retail companies and the companies’ approaches to address them.


The application IFRS: Food & Drink & Consumer Goods

This survey-based publication focuses on the key IFRS accounting issues facing food, drink and consumer goods (FDCG) companies and theapproaches taken by companies to address them.


Expected Credit Loss

The IASB's revised proposals are a step change in accounting for impairment, with big impacts likely for banks and similar financial institutions.


Financial Instruments

On 7 March 2013, the IASB issued its long-awaited revised proposals on accounting for the impairment of financial assets. The proposals aim to address concerns about ‘too little, too late’ provisioning for loan losses.


Continuing Hedge Accounting

The IASB’s proposals on the continuation of hedge accounting after novation would provide some relief – but do they go far enough?

Issues & Insights



IFRS Newsletter

IFRS Practice Issues