Companies Act (Chapter 50): Primary legislation governing corporate entities in Singapore, including requirements for financial reporting and audit
Accountants Act (Chapter 2): Legislation regulating the accounting profession and establishing requirements for professional accounting practices in Singapore
Securities and Futures Act (Chapter 289): Regulatory framework for listed companies, including specific reporting and disclosure requirements
Income Tax Act (Chapter 134): Tax legislation that affects inventory valuation and reporting for tax purposes
Goods and Services Tax Act (Chapter 117A): GST legislation affecting inventory transactions and valuations
SFRS(I) 1-2 Inventories: Singapore Financial Reporting Standard specific to inventory measurement, recognition, and disclosure requirements
SFRS(I) 13 Fair Value Measurement: Standard providing guidance on fair value measurement of assets including inventories when applicable
SSA 501: Singapore Standard on Auditing covering specific considerations for audit evidence related to inventory
SSA 500: Singapore Standard on Auditing providing guidance on what constitutes audit evidence
SSA 315: Singapore Standard on Auditing covering risk assessment and identification of material misstatements
ISCA Guidelines: Professional guidelines issued by the Institute of Singapore Chartered Accountants for audit practices
ACRA Practice Monitoring Programme: Regulatory requirements set by the Accounting and Corporate Regulatory Authority for audit quality
Professional Code of Conduct: Code of Professional Conduct and Ethics for Public Accountants and Accounting Entities in Singapore
Industry-Specific Regulations: Various regulations specific to different industries regarding inventory handling, storage, and reporting
Import/Export Regulations: Customs and international trade regulations affecting inventory movement and valuation
