新加坡会计准则FRS_1_(XXXX)

PresentationofFinancialStatementsThisversionofFRS1doesnotincludeamendmentsthatareeffectiveforannualperiodsbeginningafter1January2016.FRS1FINANCIALREPORTINGSTANDARDFRS12CONTENTSParagraphsINTRODUCTIONOBJECTIVESCOPEDEFINITIONSFINANCIALSTATEMENTSPurposeoffinancialstatementsCompletesetoffinancialstatementsGeneralfeaturesFairpresentationandcompliancewithFRSsGoingconcernAccrualbasisofaccountingMaterialityandaggregationOffsettingFrequencyofreportingComparativeinformationConsistencyofpresentationSTRUCTUREANDCONTENTIntroductionIdentificationofthefinancialstatementsStatementoffinancialpositionInformationtobepresentedinthestatementoffinancialpositionCurrent/non-currentdistinctionCurrentassetsCurrentliabilitiesInformationtobepresentedeitherinthestatementoffinancialpositionorinthenotesStatementofprofitorlossandothercomprehensiveincomeInformationtobepresentedintheprofitorlosssectionorthestatementofprofitorlossIN1127991015152527293236384547474954546066697781A82FRS13InformationtobepresentedintheothercomprehensiveincomesectionProfitorlossfortheperiodOthercomprehensiveincomefortheperiodInformationtobepresentedinthestatement(s)ofprofitorlossandothercomprehensiveincomeorinthenotesStatementofchangesinequityInformationtobepresentedinthestatementofchangesinequityInformationtobepresentedinthestatementofchangesinequityorinthenotesStatementofcashflowsNotesStructureDisclosureofaccountingpoliciesSourcesofestimationuncertaintyCapitalPuttablefinancialinstrumentsclassifiedasequityOtherdisclosuresTRANSITIONANDEFFECTIVEDATEWITHDRAWALOFFRS1(REVISED2004)APPENDIXAmendmentstootherpronouncementsIMPLEMENTATIONGUIDANCE(Seeseparatedocument)TABLEOFCONCORDANCE82A889097106106106A111112112117125134136A137139140FRS14FinancialReportingStandard1PresentationofFinancialStatements(FRS1)issetoutinparagraphs1–140andtheAppendix.Alltheparagraphshaveequalauthority.FRS1shouldbereadinthecontextofitsobjective,thePrefacetoFinancialReportingStandardsandtheConceptualFrameworkforFinancialReporting.FRS8AccountingPolicies,ChangesinAccountingEstimatesandErrorsprovidesabasisforselectingandapplyingaccountingpoliciesintheabsenceofexplicitguidance.FRS15IntroductionIN1FinancialReportingStandard1PresentationofFinancialStatements(FRS1)replacesFRS1PresentationofFinancialStatements(revisedin2004)asamendedin2006.FRS1setsoverallrequirementsforthepresentationoffinancialstatements,guidelinesfortheirstructureandminimumrequirementsfortheircontent.ReasonsforrevisingFRS1IN2ThemainobjectiveinrevisingFRS1wastoaggregateinformationinthefinancialstatementsonthebasisofsharedcharacteristics.Withthisinmind,itwouldbeusefultoseparatechangesinequity(netassets)ofanentityduringaperiodarisingfromtransactionswithownersintheircapacityasownersfromotherchangesinequity.Consequently,itwasdecidedthatallownerchangesinequityshouldbepresentedinthestatementofchangesinequity,separatelyfromnon-ownerchangesinequity.IN3[Notused]IN4Inaddition,theintentioninrevisingFRS1wastoimproveandreordersectionsofFRS1tomakeiteasiertoread.TheobjectivewasnottoreconsideralltherequirementsofFRS1.MainfeaturesofFRS1IN5FRS1affectsthepresentationofownerchangesinequityandofcomprehensiveincome.Itdoesnotchangetherecognition,measurementordisclosureofspecifictransactionsandothereventsrequiredbyotherFRSs.IN6FRS1requiresanentitytopresent,inastatementofchangesinequity,allownerchangesinequity.Allnon-ownerchangesinequity(iecomprehensiveincome)arerequiredtobepresentedinonestatementofcomprehensiveincomeorintwostatements(aseparateincomestatementandastatementofcomprehensiveincome).Componentsofcomprehensiveincomearenotpermittedtobepresentedinthestatementofchangesinequity.IN7FRS1requiresanentitytopresentastatementoffinancialpositionasatthebeginningoftheearliestcomparativeperiodinacompletesetoffinancialstatementswhentheentityappliesanaccountingpolicyretrospectivelyormakesaretrospectiverestatement,asdefinedinFRS8AccountingPolicies,ChangesinAccountingEstimatesandErrors,orwhentheentityreclassifiesitemsinthefinancialstatements.IN8FRS1requiresanentitytodisclosereclassificationadjustmentsandincometaxrelatingtoeachcomponentofothercomprehensiveincome.Reclassificationadjustmentsaretheamountsreclassifiedtoprofitorlossinthecurrentperiodthatwerepreviouslyrecognisedinothercomprehensiveincome.IN9FRS1requiresthepresentationofdividendsrecognisedasdistributionstoownersandrelatedamountspershareinthestatementofchangesinequityorinthenotes.Dividendsaredistributionstoownersintheircapacityasownersandthestatementofchangesinequitypresentsallownerchangesinequity.ChangesfrompreviousrequirementsIN10ThemainchangesfromthepreviousversionofFRS1aredescribedbelow.FRS16AcompletesetoffinancialstatementsIN11ThepreviousversionofFRS1usedthetitles‘balancesheet’and‘cashflowstatement’todescribetwoofthestatementswithinacompletesetoffinancialstatements.FRS1uses‘statementoffinancialposition’and‘statementofcashflows’forthosestatements.Thenewtitlesreflectmorecloselythefunctionofthosestatements,asdescribedintheFramework.IN12FRS1requiresanentitytodisclosecomparativeinformationinrespectofthepreviousperiod,