SB-FRS (effective as at 1 January 2021)

STATUTORY BOARD FINANCIAL REPORTING STANDARDS EFFECTIVE AS AT 1 JANUARY 2021

This collection of SB-FRSs and INT SB-FRSs includes official pronouncements issued by the Accountant-General (up to 31 December 2021) and are required to be applied for annual periods beginning on 1 January 2021. The collection does not include new/revised/amendments to SB-FRSs and INT SB-FRSs with an effective date after 1 January 2021.

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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, 706kb]	IG[.pdf,661kb]
SB-FRS 2	Inventories[.pdf, 621kb]	-
SB-FRS 7	Statement of Cash Flows[.pdf, 642kb]	IE[.pdf, 597kb]
SB-FRS 8	Accounting Policies, Changes in Accounting Estimates and Errors [.pdf, 585kb]	IG[.pdf, 511kb]
SB-FRS 10	Events after the Reporting Period[.pdf, 611kb]	-
SB-FRS 12	Income Taxes[.pdf,701kb]	IE[.pdf,640kb]
SB-FRS 16	Property, Plant and Equipment[.pdf, 615kb]	-
SB-FRS 19	Employee Benefits [.pdf, 763kb]	-
SB-FRS 20	Accounting for Government Grants and Disclosure of Government Assistance [.pdf, 545kb]	-
SB-FRS 21	The Effects of Changes in Foreign Exchange Rates [.pdf, 660kb]	-
SB-FRS 23	Borrowing Costs [.pdf, 617kb]	-
SB-FRS 24	Related Party Disclosures [.pdf, 633kb]	IE [.pdf, 612kb]
SB-FRS 26	Accounting and Reporting by Retirement Benefit Plan [.pdf, 550kb]	-
SB-FRS 27	Separate Financial Statements[.pdf, 633kb]	-
SB-FRS 28	Investments in Associates and Joint Ventures[.pdf, 845kb]	-
SB-FRS 29	Financial Reporting in Hyperinflationary Economies[.pdf, 540kb]	-
SB-FRS 32	Financial Instruments: Presentation [.pdf, 761kb]	IE[.pdf, 683kb]
SB-FRS 33	Earnings per Share[.pdf, 687kb]	IE[.pdf, 688kb]
SB-FRS 34	Interim Financial Reporting[.pdf, 579kb]	IE[.pdf, 554kb]
SB-FRS 36	Impairment of Assets[.pdf, 797kb]	IE[.pdf, 719kb]
SB-FRS 37	Provisions, Contingent Liabilities and Contingent Assets[.pdf, 661kb]	IG[.pdf, 557kb]
SB-FRS 38	Intangible Assets [.pdf, 734kb]	IE [.pdf, 343kb]
SB-FRS 39	Financial Instruments: Recognition and Measurement [.pdf, 606kb]	IE & IG [.pdf, 445kb]
SB-FRS 40	Investment Property [.pdf, 670kb]	-
SB-FRS 41	Agriculture [.pdf, 565kb]	IE [.pdf, 536kb]
SB-FRS 101	First-time Adoption of Statutory Board Financial Reporting Standards [.pdf, 749kb]	IG [.pdf, 686kb]
SB-FRS 102	Share-based Payment [.pdf, 777kb]	IG [.pdf, 771kb]
SB-FRS 103	Business Combinations [.pdf, 810kb]	IE [.pdf, 850kb]
SB-FRS 104	Insurance Contracts [.pdf, 753kb]	IG[.pdf, 804kb]
SB-FRS 105	Non-current Assets Held for Sale and Discontinued Operations [.pdf, 655kb]	IG [.pdf, 563kb]
SB-FRS 106	Exploration for and Evaluation of Mineral Resources [.pdf, 433kb]	-
SB-FRS 107	Financial Instruments: Disclosures [.pdf, 645kb]	IG [.pdf, 726kb]
SB-FRS 108	Operating Segments [.pdf, 627kb]	IG [.pdf, 366kb]
SB-FRS 109	Financial Instruments [.pdf, 1mb]	IE [.pdf, 771kb],IG [.pdf, 554kb]
SB-FRS 110	Consolidated Financial Statements [.pdf, 814kb]	IE [.pdf, 358kb]
SB-FRS 111	Joint Arrangements [.pdf, 869kb]	IE [.pdf, 640kb]
SB-FRS 112	Disclosure of Interests in Other Entities [.pdf, 671kb]	-
SB-FRS 113	Fair Value Measurement [.pdf, 789kb]	IE [.pdf, 738kb]
SB-FRS 114	Regulatory Deferral Accounts [.pdf, 496kb]	IE [.pdf, 450kb]
SB-FRS 115	Revenue from Contracts with Customers [.pdf, 675kb]	IE [.pdf, 723kb]
SB-FRS 116	Leases [.pdf, 613kb]	IE [.pdf, 556kb]
SB-FRS 1001	Accounting and Disclosure for Non-Exchange Revenue [.pdf, 697kb]	-
SB-FRS 1002	Impairment of Non-Cash-Generating Assets [.pdf, 664kb]	IG [.pdf, 505kb]

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

Archives 

Archived documents can be accessed here.