by admin | Mar 19, 2026 | Accounting, Auditing, Tech News
Overview and Scope The updated IAS 36 guidance for 2026 reinforces the fundamental principle that assets must not be carried above their recoverable amount. For practitioners, the practical challenge remains consistent: identifying when impairment testing is required...
by admin | Mar 19, 2026 | Accounting, Auditing, Company Law, Goods and Services Tax, Income Tax, Tech News
This technical note outlines the significant measures introduced in Budget 2026, with a focus on corporate tax changes, incentives for innovation and internationalization, and the strategic emphasis on artificial intelligence (AI) adoption. 1. Corporate Tax Changes...
by admin | Mar 18, 2026 | Accounting, Auditing, Income Tax, Tech News
Following recent updates to Singapore’s transfer pricing (TP) framework and significant judicial outcomes in the region, we have consolidated the key developments and audit trends that multinational enterprises (MNEs) should be aware of. These insights cover the...
by admin | Mar 18, 2026 | Accounting, Auditing, Goods and Services Tax, Income Tax, Tech News
This technical note outlines the key tax changes and, incentive scheme enhancements, and transfer pricing developments arising from Singapore’s Budget 2026. 1. Direct Tax Rates Unchanged There are no changes to the prevailing tax rates: Corporate Income Tax (CIT): 17%...
by admin | Mar 18, 2026 | Accounting, Auditing, Data Protection & Cybersecurity, Tech News
The increasing reliance on artificial intelligence, cloud computing, and digital platforms is fundamentally reshaping risk landscapes for tax and professional service firms. As these organisations handle increasingly sensitive client data, the management of...
by admin | Mar 18, 2026 | Accounting, Auditing, Company Law, Data Protection & Cybersecurity
As organisations increasingly adopt artificial intelligence (AI), cloud computing, and data-driven technologies, cybersecurity risks are evolving in both scale and complexity. Industry experts warn that while AI enables operational efficiency and innovation, it...
