Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/62990
Title: Investment accounting in Singapore
Authors: Mak, Mun Wai
Peh, Siew Hong
Tan, Ai Lay
Keywords: DRNTU::Business::Accounting
Issue Date: 1994
Abstract: As can be read from SAS 25, there is a wide latitude in the choice of accounting treatments for investments. This has resulted in diverse practices and lack uniformity in accounting for investments and hence impaired the comparability of financial statements. This paper seeks to study which are the popular accounting methods adopted by listed companies in Singapore. And also to explore the rationale for the use of certain preferred accounting treatments. At the same time, it looks into the possible reasons for any deviation from SAS 25 by companies. The current scenario of considerable variation in accounting treatments for investments applies across countries. Hence, various accounting standard boards have drawn up Exposure Drafts, attempting to eliminate alternatives. A thorough study of the Exposure Drafts was made to evaluate the appropriateness of the proposals. Lastly, this paper also looks into the accounting standards for investments of various countries and comparison is being made against SAS 25. Differences are being highlighted.
URI: http://hdl.handle.net/10356/62990
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:NBS Student Reports (FYP/IA/PA/PI)

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