IFRS 19
TAKEAWAYS The International Accounting Standards Board (IASB) introduced a new, reduced disclosure framework for subsidiaries, IFRS 19 Subsidiaries without Public Accountability: Disclosures, on 9 May 2024. The objective of this new framework is to reduce the cost of preparing financial statements under IFRS accounting standards for subsidiaries that are not publicly accountable, while maintaining the […]
ISCA Annual Conference 2024
TAKEAWAYS The ISCA Conference 2024, which took place on November 14 and 15 at the Marina Bay Sands Convention Centre, proved to be bigger, bolder and more impactful than ever, with a healthy dose of dynamic energy and humour. Notably, it was organised along different lines, and also attracted its largest-ever audience. Minister in the […]
Crypto Payments And Receipts Made Easier
TAKEAWAYS Crypto accounts receivable/accounts payable (AR/AP) software allows companies to bill crypto invoices and pay crypto suppliers easily. With so many different tokens on different chains, it is not easy to collect and pay in crypto. ADOPTION AND USAGE Singapore’s cryptocurrency market has seen a notable increase in crypto payments, with merchant services receiving nearly […]
