Over 80 participants attended Crowe Singapore's FRS Seminar on Friday 18 January at the NTUC Centre. The seminar provided participants with an overview of the key changes that the two new major Financial Reporting Standards (FRSs), 109 and 115, have introduced, beginning from the financial year ending 31 December 2018.
The seminar was led by Ms. Lee Yan Huei, Head of Crowe Singapore's Technical and Training Department. She was joined by Mr Liew Kin Meng, Crowe Singapore's Associate Director for Tax services, who shared with participants on the tax implications that business should take note of, following the introduction of these two new FRSs.
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