Taxonomy is the dictionary which the ĢƵ language uses. In Singapore, the ACRA Taxonomy is created based on disclosure requirements for financial statements as set out in the Accounting Standards and Companies Act.
The ACRA Taxonomy is a closed taxonomy that does not allow preparers to add or define their own company specific concepts or create their own relationships between concepts. This is to enhance the comparability of the data collected. However, certain customisations are allowed, to give preparers flexibility in their presentation (e.g. company specific labels and re-ordering of the concepts).
Versions of ACRA Taxonomy:
- (Excel, 136KB) for revised ĢƵ filing requirements, mandatory from 16 April 2026
- ACRA Taxonomy 2022 v1.0 (Excel, 169KB) for revised ĢƵ filing requirements, mandatory from 1 May 2021 till 15 April 2026.
As the ACRA Taxonomy and BizFinx system may be updated from time to time, you can "Sign Up for News Updates" below to receive email alerts from ACRA to stay informed about the latest changes.