SB-FRS (effective as at 1 January 2022)

STATUTORY BOARD FINANCIAL REPORTING STANDARDS EFFECTIVE AS AT 1 JANUARY 2022

This collection of SB-FRSs and INT SB-FRSs includes official pronouncements issued by the Accountant-General (up to 31 December 2022) and are required to be applied for annual periods beginning on 1 January 2022. The collection does not include new/revised/amendments to SB-FRSs and INT SB-FRSs with an effective date after 1 January 2022.

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Reference	Titles	Accompanying documents*
Preface	Preface to Statutory Board Financial Reporting Standards [.pdf, 37kb]	-
SB-FRS Conceptual Framework	SB-FRS Conceptual Framework for Financial Reporting [.pdf, 928kb]	-
SB-FRS 1	Presentation of Financial Statements [.pdf, 394kb]	IG [.pdf,372kb]
SB-FRS 2	Inventories [.pdf, 168kb]	-
SB-FRS 7	Statement of Cash Flows [.pdf, 205kb]	IE [.pdf, 253kb]
SB-FRS 8	Accounting Policies, Changes in Accounting Estimates and Errors [.pdf, 246kb]	IG [.pdf, 142kb]
SB-FRS 10	Events after the Reporting Period [.pdf, 164kb]	-
SB-FRS 12	Income Taxes [.pdf, 348kb]	IE [.pdf, 440kb]
SB-FRS 16	Property, Plant and Equipment [.pdf, 291kb]	-
SB-FRS 19	Employee Benefits [.pdf, 586kb]	-
SB-FRS 20	Accounting for Government Grants and Disclosure of Government Assistance [.pdf, 157kb]	-
SB-FRS 21	The Effects of Changes in Foreign Exchange Rates [.pdf, 252kb]	-
SB-FRS 23	Borrowing Costs [.pdf, 133kb]	-
SB-FRS 24	Related Party Disclosures [.pdf, 200kb]	IE [.pdf, 208kb]
SB-FRS 26	Accounting and Reporting by Retirement Benefit Plan [.pdf, 177kb]	-
SB-FRS 27	Separate Financial Statements [.pdf, 200kb]	-
SB-FRS 28	Investments in Associates and Joint Ventures [.pdf, 253kb]	-
SB-FRS 29	Financial Reporting in Hyperinflationary Economies [.pdf, 120kb]	-
SB-FRS 32	Financial Instruments: Presentation [.pdf, 379kb]	IE [.pdf, 386kb]
SB-FRS 33	Earnings per Share [.pdf, 278kb]	IE [.pdf, 400kb]
SB-FRS 34	Interim Financial Reporting [.pdf, 211kb]	IE [.pdf, 176kb]
SB-FRS 36	Impairment of Assets [.pdf, 443kb]	IE [.pdf, 483kb]
SB-FRS 37	Provisions, Contingent Liabilities and Contingent Assets [.pdf, 266kb]	IG [.pdf, 214kb]
SB-FRS 38	Intangible Assets [.pdf, 320kb]	IE [.pdf, 74kb]
SB-FRS 39	Financial Instruments: Recognition and Measurement [.pdf, 344kb]	IE & IG [.pdf, 219kb]
SB-FRS 40	Investment Property [.pdf, 245kb]	-
SB-FRS 41	Agriculture [.pdf, 230kb]	IE [.pdf, 145kb]
SB-FRS 101	First-time Adoption of Statutory Board Financial Reporting Standards [.pdf, 411kb]	IG [.pdf, 429kb]
SB-FRS 102	Share-based Payment [.pdf, 465kb]	IG [.pdf, 406kb]
SB-FRS 103	Business Combinations [.pdf, 493kb]	IE [.pdf, 448kb]
SB-FRS 104	Insurance Contracts [.pdf, 392kb]	IG [.pdf, 521kb]
SB-FRS 105	Non-current Assets Held for Sale and Discontinued Operations [.pdf, 186kb]	IG [.pdf, 213kb]
SB-FRS 106	Exploration for and Evaluation of Mineral Resources [.pdf, 123kb]	-
SB-FRS 107	Financial Instruments: Disclosures [.pdf, 502kb]	IG [.pdf, 428kb]
SB-FRS 108	Operating Segments [.pdf, 157kb]	IG [.pdf, 181kb]
SB-FRS 109	Financial Instruments [.pdf, 1mb]	IE [.pdf, 706kb], IG [.pdf, 342kb]
SB-FRS 110	Consolidated Financial Statements [.pdf, 518kb]	IE [.pdf, 93kb]
SB-FRS 111	Joint Arrangements [.pdf, 343kb]	IE [.pdf, 234kb]
SB-FRS 112	Disclosure of Interests in Other Entities [.pdf, 322kb]	-
SB-FRS 113	Fair Value Measurement [.pdf, 421kb]	IE [.pdf, 455kb]
SB-FRS 114	Regulatory Deferral Accounts [.pdf, 211kb]	IE [.pdf, 251kb]
SB-FRS 115	Revenue from Contracts with Customers [.pdf, 439kb]	IE [.pdf, 623kb]
SB-FRS 116	Leases [.pdf, 421kb]	IE [.pdf, 435kb]
SB-FRS 1001	Accounting and Disclosure for Non-Exchange Revenue [.pdf, 696kb]	-
SB-FRS 1002	Impairment of Non-Cash-Generating Assets [.pdf, 664kb]	IG [.pdf, 527kb]

*Include Implementation Guidance (IG) and Illustrative Examples (IE).

Archives 

Archived documents can be accessed here.