A Simpler Standard for Small Entities

• المؤلف الرئيسي: WANG, Jiwei
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2013
• الموضوعات: accounting; small enterprises; Singapore; Accounting
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/1176; http://www.cpaaustralia.com.au/documents/getting-accounting-right.pdf

In Singapore and many other countries around the world, laws or regulations require most small and medium-sized entities (SMEs) to publish general purpose financial statements and have them audited (typically subject to an audit exemption threshold). The rational is that stakeholders such as banks,...