Skip to main content
A Singapore Government Agency Website How to identify
Official website links end with .gov.sg
Secure websites use HTTPS
Look for a lock () or https:// as an added precaution. Share sensitive information only on official, secure websites.
Government officials will never ask you to transfer money or disclose bank log-in details over a phone call.

Call the 24/7 ScamShield Helpline at 1799 if you are unsure if something is a scam. For more information on how to protect yourself against scams, please visit www.scamshield.gov.sg (opens in new tab)

Accounting Standards for Statutory Boards
Issuance of New/Amended Standards

Issuance of Amendments to SB-FRS 107, SB-FRS 118, SB-FRS 1, SB-FRS 8, SB-FRS 36, SB-FRS 37, SB-FRS 119 and SB-FRS Guidance Note 1

18 March 2026

Read about the Issuance of Amendments.

The following amendments to SB-FRSs, effective for annual periods beginning on or after 1 January 2027, have been issued:

  • Amendments to Illustrative Examples on SB-FRS 107, SB-FRS 118, SB-FRS 1, SB-FRS 8, SB-FRS 36 and SB-FRS 37: Disclosures about Uncertainties in the Financial Statements*

  • Amendments to SB-FRS 119: Subsidiaries and Small Entities without Public Accountability: Disclosures

  • Amendments to SB-FRS Guidance Note 1 Accounting and Disclosure for Funds, Grants, Contributions to Consolidated Fund, Accumulated Surplus and Reserves

Earlier application is permitted.

*No effective date as Illustrative Examples are accompanying materials to SB-FRSs.