SB-FRS (effective after 1 January 2015, issued up to December 2015)

SB-FRS (effective after 1 January 2015, issued up to December 2015)

STATUTORY BOARD FINANCIAL REPORTING STANDARDS EFFECTIVE AFTER 1 JANUARY 2015 (ISSUED UP TO 31 DECEMBER 2015)

The following are new/revised/amendments to SB-FRSs and INT SB-FRSs issued by the Accountant-General (up to 31 December 2015) which are effective after 1 January 2015.

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  Titles Effective Date (Annual periods beginning on or after) Issuance Date
Issued in 2014      
SB-FRS 114 Regulatory Deferral Accounts 1.1.2016 26.8.2014
SB-FRS 27 Amendments to SB-FRS 27: Equity Method in Separate Financial Statements 1.1.2016 25.11.2014
SB-FRS 16,
SB-FRS 38		 Amendments to SB-FRS 16 and SB-FRS 38: Clarification of Acceptable Methods of Depreciation and Amortisation 1.1.2016 25.11.2014
SB-FRS 16,
SB-FRS 41		 Amendments to SB-FRS 16 and SB-FRS 41: Agriculture: Bearer Plants 1.1.2016 25.11.2014
SB-FRS 111 Amendments to SB-FRS 111: Accounting for Acquisitions of Interests in Joint Operations 1.1.2016 25.11.2014
Issued in 2015      
SB-FRS 110,
SB-FRS 28		 Amendments to SB-FRS 110 and SB-FRS 28: Sale or Contribution of Assets between an Investor and its Associate or Joint Venture 1.1.2016 18.03.2015
Various Improvements to SB-FRSs (November 2014) 1.1.2016 18.03.2015
SB-FRS 1 Amendments to SB-FRS 1: Disclosure Initiative 1.1.2016 8.7.2015
SB-FRS 109 Financial Instruments
Illustrative Examples
Implementation Guidance
Amendments to Guidance on Other Standards		 1.1.2018 8.7.2015
SB-FRS 115 Revenue from Contracts with Customers
Illustrative Examples		 1.1.2017 8.7.2015
SB-FRS 110,
SB-FRS 112,
SB-FRS 28		 Amendments to SB-FRS 110, SB-FRS 112 and SB-FRS 28: Investment Entities: Applying the Consolidation Exception 1.1.2016 21.9.2015
SB-FRS 1001 Accounting and Disclosure for Non-Exchange RevenueAccounting and Disclosure for Non-Exchange Revenue 1.1.2017 21.9.2015

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