by admin | Oct 16, 2020 | Auditing, Tech News
In an article under FOCUS, Lim Ju May, Terence Lam and Wang Zhumei explained how data analytics can be innovative and effective during audits even with complex businesses and large volume of transactions. The article states that data analytics is defined as the...
by admin | Sep 30, 2020 | Auditing, Company Law, Ethics, Tech News
On or about 23 September 2020, the International Federation of Accountants (IFAC) and the Institute of Chartered Accountants in England and Wales released the first segment of the Anti-Money Laundering, The Basics educational series. Instalment 1: Introduction to...
by admin | Sep 18, 2020 | Accounting, Auditing, Tech News
On or about 3 September 2020, in an article Instilling Faith in the Figures, Lim Ju May, Deputy Director, and Terence Lam, Senior Manager, Technical, ISCA, discuss the roles of various stakeholders in the corporate governance ecosystem and maintenance of the quality...
by admin | Jun 28, 2019 | Auditing, Tech News
On or about 28 June 2019, the Institute of Singapore Chartered Accountants (ISCA) has published the enhanced Revised Statement of Auditing Practice (SAP) 2 to help reduce the divergence in practice among reporting auditors when issuing private reports on profit...
by admin | Jun 25, 2019 | Auditing, Tech News
On or about 29 April 2019, the International Auditing and Assurance Standards Board (IAASB) has released a discussion paper, Audits of Less Complex Entities: Exploring Possible Options to Address the Challenges in Applying the ISAs. This discussion paper recognizes...
by admin | Feb 23, 2019 | Accounting, Auditing, Tech News
Under the Financial Reporting Surveillance Programme (FRSP), the Accounting and Corporate Regulatory Authority (ACRA) of Singapore reviews selected financial statements for compliance with the accounting standards. On or about 1 February 2019, it has issued Financial...
