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] 

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SB-FRS Conceptual Framework

SB-FRS Conceptual Framework for Financial Reporting [.pdf, 928kb]

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SB-FRS 1

Presentation of Financial Statements [.pdf, 706kb]

IG[.pdf,661kb]

SB-FRS 2

Inventories[.pdf, 621kb]

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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]

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SB-FRS 12

Income Taxes[.pdf,701kb]

IE[.pdf,640kb]

SB-FRS 16

Property, Plant and Equipment[.pdf, 615kb]

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SB-FRS 19

Employee Benefits [.pdf, 763kb]

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SB-FRS 20

Accounting for Government Grants and Disclosure of Government Assistance [.pdf, 545kb]

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SB-FRS 21

The Effects of Changes in Foreign Exchange Rates [.pdf, 660kb]

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SB-FRS 23

Borrowing Costs [.pdf, 617kb]

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SB-FRS 24

Related Party Disclosures [.pdf, 633kb]

IE [.pdf, 612kb]

SB-FRS 26

Accounting and Reporting by Retirement Benefit Plan [.pdf, 550kb]

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SB-FRS 27

Separate Financial Statements[.pdf, 633kb]

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SB-FRS 28

Investments in Associates and Joint Ventures[.pdf, 845kb]

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SB-FRS 29

Financial Reporting in Hyperinflationary Economies[.pdf, 540kb]

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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]

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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]

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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]

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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]

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 SB-FRS 1002 Impairment of Non-Cash-Generating Assets [.pdf, 664kb]   IG [.pdf, 505kb]

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

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