by admin | Jul 23, 2026 | Accounting, Artificial Intelligence (AI), Auditing, Corporate Governance, Ethics, Tech News
Artificial intelligence tools can support a wide range of accountancy activities, including drafting, summarisation, document review, research and client communication. However, no single AI model is suitable for every assignment, and outputs must be assessed against...
by admin | Jul 23, 2026 | Accounting, Auditing, Tech News
The Monetary Authority of Singapore (MAS) has introduced new guidelines setting out its supervisory expectations for the annual audits of licensed payment service providers under the Payment Services Act 2019. The requirements will apply to audits for financial years...
by admin | Jul 22, 2026 | Accounting, Goods and Services Tax, Property Tax, Tech News
Property transactions can create significant GST exposure because errors in classification, timing or input tax recovery are often applied to high-value amounts. Developers, landlords, investors and advisers should address the GST position at the planning and...
by admin | Jul 22, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has updated its transfer pricing guidance to clarify which persons may be treated as related parties and how certain payments should be considered when determining the value of transactions reported in the Related Party...
by admin | Jul 22, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) has added Greenland to Singapore’s list of jurisdictions with an effective Country-by-Country Reporting (CbCR) exchange relationship. The relationship applies to financial years beginning on or after 1 May 2024. Impact...
