by admin | May 19, 2026 | Accounting, Sustainability Reporting, Tech News
Building on the four-part series on substaintability business, this practical analysis draws on observed successes and recurring challenges across organisations of all sizes. These steps are designed for immediate implementation, regardless of an organisation’s level...
by admin | May 18, 2026 | Accounting, Income Tax, Tech News
The Inland Revenue Authority of Singapore (IRAS) is proposing to require all companies to submit corporate income tax assessment revisions and objections through its Revise/Object to Assessment digital service from 1 July 2027. The proposal is expected to be subject...
by admin | May 18, 2026 | Accounting, Income Tax, Tech News
Entities with interests in subsidiaries, joint arrangements, associates or unconsolidated structured entities should ensure that their SFRS(I) 12 disclosure assessment is complete and properly documented. The standard also requires transparent disclosure of...
by admin | May 18, 2026 | Accounting, Income Tax, Tech News
Entities applying SFRS(I) 15 must allocate the transaction price to each distinct performance obligation based on relative standalone selling prices (SSPs). When direct SSPs are unavailable, the standard permits estimation using prescribed approaches – adjusted market...
by admin | May 16, 2026 | Accounting, Income Tax, Tech News
IRAS has updated the administrative procedures for applications and claims under Singapore’s Refundable Investment Credit (RIC) scheme. The update clarifies the roles of the approving agencies, the claim verification process, utilisation options, and the procedures...
by admin | May 15, 2026 | Accounting, Artificial Intelligence (AI), Data Protection & Cybersecurity, Tech News
Artificial intelligence is becoming an essential component of modern audit practice, particularly as audit clients increasingly adopt digital tools, automation, cloud systems and AI-enabled business processes. For audit firms, the practical value of AI lies not in...
