Guidelines
Published Date: 29 December 2017

Guidelines On Accounts of Registered Business Trusts [BTA 10-G01]

Guidelines on the term “true and fair view” in section 76 of the Business Trusts Act (Cap. 31A), in view of the adoption of Singapore Financial Reporting Standards (International) by registered business trusts.

These guidelines apply to to trustee-managers of registered business trusts.

They set out requirements for a “true and fair view” of accounts of registered business trusts, in respect of the profit and loss account, balance sheet, and cash flow statements.