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ACRA’s AUDIT PRACTICE BULLETIN NO 1 OF 2018

by admin | Aug 31, 2018 | Accounting, Auditing, Company Law, Tech News

On 28 August 2018, the Accounting and Corporate Regulatory Authority (ACRA) has issued its First Audit Practice Bulletin (APB) for 2018 that highlights the legislative requirements and provides guidance for auditors on the audit procedures and report on the revised...

EP 100 Amendments – Expected to be Effective 15 December 2018

by admin | Aug 17, 2018 | Accounting, Auditing, Ethics, Tech News

On 14 August 2018, the Institute of Singapore Chartered Accountants (ISCA) has made amendments to Ethics Pronouncement (EP 100) August 2018, Code of Professional Conduct and Ethics, provisions on long association of senior personnel with an audit or assurance client...

Enhanced Auditor Reporting – Implementation of New and Revised Standards

by admin | Jun 3, 2018 | Auditing, Tech News

The Institute of Singapore Chartered Accountants (ISCA) has issued the new and revised auditor reporting standards in July 2015 that are effective for audits of financial statements for periods ended on or after 15 December 2016. In view of feedback received on...

Introduction of the “small company’ criteria for audit exemption

by admin | Apr 22, 2018 | Auditing, Company Law, Tech News

The Companies (Amendment) Act 2014 was passed by the Singapore Parliament on 8 October 2014. The legislative amendments took place on 1 July 2015, 3 January 2016 and 20 April 2018 respectively. The Companies (Amendment) Act 2014 introduced the concept of “small...
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