Areas issuers should take note of, according to SGX RegCo, include asset valuations and ongoing concern assessments.
The Singapore Exchange Regulation (SGX RegCo) and the Accounting and Corporate Regulatory Authority (ACRA) has emphasised the importance of high-quality financial statements that reflects issuers’ current financial positions to investors amid the Covid-19 pandemic.
On July 27, SGX RegCo published a regulator’s column that highlights areas where issuers should take note of when preparing their interim financial statements.
