by admin | May 27, 2026 | Accounting, Artificial Intelligence (AI), Auditing, Tech News
Background A mid-sized accounting and audit firm, Lim & Partners Advisory (invented firm name) had been serving small and medium-sized enterprises for more than 15 years. The firm provided statutory audit, tax compliance, accounting, payroll, and advisory...
by admin | May 19, 2026 | Auditing, Sustainability Reporting, Tech News
To many small accountancy practices, the word “sustainability” not only refers to environmental responsibility, but one that can remain profitable, resilient, relevant, and valuable to clients over the long term. From the perspective of a small practice, one important...
by admin | May 13, 2026 | Artificial Intelligence (AI), Auditing, Income Tax, News, Tech News
I attended today’s ISCA and Wolters Kluwer roundtable lunch discussion on how cloud-based audit technologies are reshaping audit delivery, firm operations, cybersecurity expectations, staff retention, and the future use of AI in assurance work. The discussion...
by admin | May 6, 2026 | Auditing, Income Tax, Tech News
Amendments to the Accountants Act (Section 59A) now require that all auditor’s reports issued by a public accountant or an accounting entity under Section 59A(4) disclose the full name of the engagement partner. Conforming changes to the Institute of Singapore...
by admin | Apr 21, 2026 | Accounting, Auditing, Income Tax, News, Tech News
Singapore SME directors should review their governance, financial reporting and compliance processes ahead of ACRA-related Companies Act changes taking effect on 6 May 2026. The key developments include higher director penalties, expanded disqualification rules for...
by admin | Apr 16, 2026 | Accounting, Auditing, Company Law, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) confirms phased commencement of Corporate and Accounting Laws (Amendment) Act 2025 from 6 May 2026. The changes raise maximum fines for director misconduct, extend director disqualification to money‑laundering...
