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Growing Talent from Within: A Local Firm’s Commitment to Future-Ready Accountants

Growing Talent from Within: A Local Firm’s Commitment to Future-Ready Accountants

by admin | Jul 1, 2026 | Accounting, News, Tech News

Small and medium-sized practices are entering a period where talent strategy is no longer only an internal human resources matter. It is now central to service quality, client resilience, and the long-term relevance of the profession. As small businesses increasingly...
Updates on Annual Return Filing, BizFile Enhancements and BizFin Preparation Tool

Updates on Annual Return Filing, BizFile Enhancements and BizFin Preparation Tool

by admin | Jul 1, 2026 | Accounting, Company Law, Tech News

Key Development ACRA has provided important updates affecting Singapore companies, corporate service providers, directors, position holders and financial statement preparers. The updates cover annual return filing obligations, late filing penalties, upcoming changes...
IRAS: Change of Tax Reference Numbers for Estates/ Trusts/ Unit Trusts

IRAS: Change of Tax Reference Numbers for Estates/ Trusts/ Unit Trusts

by admin | Jun 30, 2026 | Accounting, Financial & Estate Planning, Income Tax, Tech News

The Inland Revenue Authority of Singapore will implement a new tax reference number format for Estates, Trusts and Unit Trusts from July 2026. The existing 10-character Income Tax Reference ID will be replaced by a 9-character ASGD ID in the format AXXXXXXXX. Key...
New Form for Appointing Corppass Administrator Across Multiple Trust Entities

New Form for Appointing Corppass Administrator Across Multiple Trust Entities

by admin | Jun 29, 2026 | Accounting, Income Tax, Tech News

IRAS has released a new form allowing the appointment of a Corppass Administrator for multiple estate, trust or unit trust entities. The appointed individual will be authorised to transact with IRAS on behalf of those entities, supporting more centralised digital tax...
IASB Clarifies Use of Fair Value Option for Associates and Joint Ventures under IAS 28

IASB Clarifies Use of Fair Value Option for Associates and Joint Ventures under IAS 28

by admin | Jun 27, 2026 | Accounting, Tech News

The International Accounting Standards Board has issued targeted amendments to IAS 28 to clarify when investments in associates and joint ventures may be accounted for using the fair value option. The amendments are linked to the forthcoming application of IFRS 18 and...
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Recent Posts

  • Revisit to CSP Act: Key Compliance and Operational Implications
  • Singapore Pillar Two: Post-Registration Compliance Moves into the Implementation Phase
  • Agentic AI: Financial Reporting, Control and Governance Considerations
  • Regulatory Spotlight Intensifies on Owner-Managed Business Tax Planning
  • Withholding Tax Treatment of Technical and Management Service Fees

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