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...
by admin | Jun 11, 2026 | Accounting, Artificial Intelligence (AI), Company Law, Data Protection & Cybersecurity, Income Tax, Tech News
Generative AI is increasingly being used in professional services to support research, document review, drafting, summarisation and issue identification. For accounting firms, the opportunity lies in using AI to improve efficiency in audit, tax, compliance and...
by admin | Jun 10, 2026 | Accounting, Company Law, Financial & Estate Planning, Tech News
Key Development Singapore’s revamped Simplified Insolvency Programme 2.0 (“SIP 2.0”) provides eligible small companies with two simplified insolvency pathways: the Simplified Debt Restructuring Programme (“SDRP”) for viable businesses seeking to restructure debts, and...
by admin | May 6, 2026 | Accounting, Company Law, Ethics, News, Tech News
Personal Criminal Liability Extends to Company Secretaries and Operational Managers Recent enforcement actions confirm that anti-money laundering (AML) accountability no longer rests exclusively on nominee directors. Company secretaries may face prosecution,...
by admin | May 6, 2026 | Accounting, Company Law, Income Tax, Tech News
The Accounting and Corporate Regulatory Authority (ACRA) of Singapore has alerted registered corporate service providers (CSPs) to a rising scheme where scammers use forged or doctored identification documents to appoint unwitting individuals as directors of newly...
by admin | May 6, 2026 | Accounting, Company Law, Income Tax, Tech News
Singapore’s Corporate and Accounting Laws amendments take effect today, 6 May 2026, introducing higher accountability expectations for company directors and new governance safeguards affecting financial reporting, director duties and shareholder approvals. Directors...