My company is exempted from filing audited financial statements under ACRA. Will my unaudited statement be accepted for IBF-STS or FTS Organisation Eligibility application?
Full Question: My company is exempted from filing audited financial statements under Accounting and Corporate Regulatory Authority (ACRA). Will my unaudited statement be accepted for IBF Standards Training Scheme ("IBF-STS") or Financial Training Scheme (“FTS”) Organisation Eligibility application?
IBF accepts unaudited financial statements only if your company is exempted from audit under ACRA. The full set of management accounts will be required to be submitted to IBF at point of Organisation Eligibility application.