SB-FRS (effective after 1 January 2022, issued up to December 2022)
STATUTORY BOARD FINANCIAL REPORTING STANDARDS EFFECTIVE AFTER 1 JANUARY 2022 (ISSUED UP TO 31 DECEMBER 2022)
The following are the new/revised/amendments to SB-FRSs and INT SB-FRSs issued by the Accountant-General (up to 31 December 2022) which are affective after 1 January 2022.
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|Titles||Effective Date (Annual periods beginning on or after)||Issuance Date|
|Issued in 2015|
|Amendments to SB-FRS 110 and SB-FRS 28: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture||To be determined1||18.03.2015|
|Issued in 2016|
|Amendments to Effective Date of Amendments to SB-FRS 110 and SB-FRS 28||To be determined||10.03.2016|
|Issued in 2020|
|SB-FRS 1||Amendments to SB-FRS 1||1.1.20232||13.11.2020|
|SB-FRS 1||Amendments to SB-FRS 1 (Deferral of Effective Date)||-||13.11.2020|
|Issued in 2021|
|SB-FRS 8||Amendments to SB-FRS 8||1.1.2023||13.8.2021|
|Various||Amendments to SB-FRS 1 and SB-FRS Practice Statement 2||1.1.2023||7.9.2021|
|SB-FRS 12||Amendments to SB-FRS 12||1.1.2023||29.11.2021|
|Issued in 2022|
|SB-FRS 1002||Revised SB-FRS 1002 Impairment of Non-Cash-Generating Assets
Revised SB-FRS 1002 Implementation Guidance
1i)The mandatory effective date of this Amendment had been revised to a date to be determined via Amendments to Effective Date of Amendments to SB-FRS 110 and SB-FRS 28.
ii)This should be read together with the Amendments to Effective Date of Amendments to SB-FRS 110 and SB-FRS 28 issued in 2016.
2The mandatory effective date of this Amendment had been revised from 1 Jan 2022 to 1 Jan 2023 via Amendments to SB-FRS 1: Classification of Liabilities as Current or Non-current - Deferral of Effective Date.
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