Launch of New Framework for Enterprises to Disclose Intangible Assets (IA) & Intellectual Property (IP)

LES Singapore is proud to be a contributing and supporting organization to the new IA/IP Disclosure Framework for Singapore enterprises, which was launched by Minister Indranee Rajah on 4 September 2023 during IP Week@SG 2023.  The new framework, which provides a structured and consistent methodology in auditing IA/IP (including human capital and know-how), aims to help Singapore enterprises to raise capital through IA/IP, make improved investment and risk-mitigation decisions, thereby increasing their competitiveness and profitability in the marketplace.  Our ExCo member, MJ Chai, represented LES Singapore in the Disclosure Framework Working Group, which also comprises representatives from the accounting, valuation, legal, and finance sectors. 

More details about the Disclosure Framework can be found at the ACRA website: