by admin | Nov 18, 2025 | Accounting, Auditing, Goods and Services Tax, Tech News
In Part 2 of IRAS GST Essentials series on expense recovery, it examine cases where the recovery of expenses is ancillary to, or constitutes inputs used in, a primary supply of goods or services. This distinction is critical for GST-registered businesses when...
by admin | Nov 17, 2025 | Accounting, Auditing, Company Law, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) has issued an important update that impact corporate compliance workflows. Professionals are advised to note the following mandatory updates. 1. Streamlined Entity Incorporation: Single-Filing Mandate for...
by admin | Nov 15, 2025 | Accounting, Auditing, Tech News
The International Accounting Standards Board (IASB) has issued targeted amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates to clarify how entities should translate financial statements from a non-hyperinflationary functional currency into a...
by admin | Nov 15, 2025 | Accounting, Income Tax, Tech News
The protocol signed on 17 April 2023 between the Governments of Singapore and Brazil—intended to amend the existing DTA and the accompanying May 2018 Protocol—has officially entered into force on 12 November 2025. The amendment specifically rectifies minor translation...
by admin | Nov 14, 2025 | Accounting, Auditing, Tech News
The financial reporting landscape for FY2025 continues to be shaped by external volatility and evolving regulatory expectations. Recent developments—including shifts in global tariff regimes, persistent supply-chain disruptions, and accelerating climate-related...
